Which of the following is the first step in recognising an impairment loss for a cash-generating unit? Question 19 Answer a. Apply the impairment loss against any goodwill first b. Recognise the impairment loss on the cash-generating unit c. Determine the carrying amount of the net assets (including goodwill) of the relevant cash-generating unit d. Ascertain the recoverable amount of the relevant cash-generating unit e. None of the above