29. Generally accepted accounting principles (1 Point) are accounting adaptations based on the laws of economic science. derive their credibility and authority from general recognition and acceptance by the accounting profession derive their credibility and authority from the federal government through the financial reporting section of the SEC O derive their credibility and authority from legal rulings and court precedents. 30. The carrying amount of a cash-generating unit was considered to be impaired. The impairment loss was 600. The cash-generating unit included the following assets: " Goodwill 1000; Buildings 2000; . Plant and Equipment 1500. The carrying amount of Goodwill after allocation of the impairment loss is: (1 Point) OO 00 6400 600 6867