Question: When is a goodwill impairment loss recognized? ? Never. ? If the fair value of a reporting unit falls to zero or below its original

When is a goodwill impairment loss recognized? ? Never. ? If the fair value of a reporting unit falls to zero or below its original acquisition price. ? Only after both a quantitative and qualitative assessment of the fair value of goodwill of a reporting unit. ? After only definitive quantitative assessments of the fair value of goodwill is completed. ? After only definitive qualitative assessments of the fair value of goodwill is completed.

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