Question
The carrying amount of a cash-generating unit was impaired. The impairment loss was OMR 1200. The cash-generating unit included the following assets: Goodwill OMR 2,000;
The carrying amount of a cash-generating unit was impaired. The impairment loss was OMR 1200. The cash-generating unit included the following assets: Goodwill OMR 2,000; Buildings OMR 4,000; Equipment OMR 3,000. The carrying amount of Goodwill after allocation of the impairment loss is:
a) OMR 1200
b) OMR 0
c) OMR 800
d) None of them
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Financial Accounting Impact On Decision Makers
Authors: Gary A. Porter, Curtis L. Norton
7th Edition
1111464936, 978-1111464936
