Which of the following is NOT a circumstance indicating potential impairment of

Question

Which of the following is NOT a circumstance indicating potential impairment of long-lived assets a Losses or projections indicating continuing losses associated with an asset used to generate revenue D. The asset generates just as much cash flow as in the past O c. CAn accumulation of costs that are significantly in excess of the amount originally expected to be needed to acquire or construct the asset d. A change in circumstances, such as the legal environment or business climate that could affect the asset's value

Explanation / Answer

the correct option is b. The asset generates just as much cash flow as in the past.

Option B is NOT a circumstance indicating potential impairment of long lived assets

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