Question 43: As part of adopting IFRS, goodwill acquired in a business combination is no longer amortised. Instead, the acquirer shall test goodwill for impairment (AASB 3 "Business Combinations"j. When is goodwill considered to be impaired? A: Recoverable amount of the cash generating unit is greater than the unit's carrying amount 3*: Recoverable amount of the cash generating unit is less than the unit's carrying amount C: The value in use of the cash generating unit is greater than the unit's carrying amount; D: The fair value less cost to sell is greater than the unit's carrying amount; E: None of the above