Which of the following situations indicates that an asset is impaired?
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A. The net book value of the asset is less than the assers estimated fluture cash flows.
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B. The fair market value of the asset is less than the assel s nat book value
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C. The net book value of the asset is more than the assers estimated flare cash flows.
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D. The fair market value of the asset is more than the assers net book value.

Question

Which of the following situations indicates that an asset is impaired?

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A. The net book value of the asset is less than the assers estimated fluture cash flows.

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B. The fair market value of the asset is less than the assel s nat book value

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C. The net book value of the asset is more than the assers estimated flare cash flows.

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D. The fair market value of the asset is more than the assers net book value.

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