The U.S. GAAP impairment test for equity method investments currently requires recognition of impairment losses when:\ a. Fair value is less than carrying value and the decline in value is other than temporary.\ b. A significant loss event occerrs.\ c. Fair value is less than cost.\ d. Carrying value exceeds the greater of market value or value-in-use.\ a. answer a\ b. answer b\ c. answer c\ d. answer d

The U.S. GAAP impairment test for equity method investments currently requires recognition of impairment losses when: a. Fair value is less than carrying value and the decline in value is other than temporary. b. A significant loss event occyrs. c. Fair value is less than cost. d. Carrying value exceeds the greater of market value or value-in-use. a. answer a b. answer b c. answer c d. answer d