Question: When should a consolidated entity recognize a goodwill impairment loss? When the fair value of a reporting unit exceeds its respective carrying amount Whenever the

When should a consolidated entity recognize a goodwill impairment loss?
When the fair value of a reporting unit exceeds its respective carrying amount
Whenever the entity's fair value declines significantly
When the fair value of a reporting unit with goodwill falls below its carrying amount
Annually on a systematic and rational basis
When should a consolidated entity recognize a goodwill impairment loss? When

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