Question: When is a goodwill impairment loss recognized? Never. Only after both a quantitative and qualitative assessment of the fair value of goodwill of a reporting

When is a goodwill impairment loss recognized? 


 Never. 


Only after both a quantitative and qualitative assessment of the fair value of goodwill of a reporting unit.


 If the fair value of a reporting unit falls to zero or below its original acquisition price. 


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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