Question: In applying a qualitative test as to whether a reporting unit's goodwill is impaired, a firm assesses the that a reporting unit's fair value is

In applying a qualitative test as to whether a reporting unit's goodwill is impaired, a firm assesses the that a reporting unit's fair value is less than its carrying amount.In applying a qualitative test as to whether a reporting unit's goodwill is impaired, a firm assesses the that a reporting unit's fair value is less than its carrying amount.

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