A Subsidiary Which Is Identified as a Single Cash Generating

Multiple Choice

A subsidiary which is identified as a single cash generating unit (CGU) has property plant and equipment assets with a carrying amount of $100,000 and a recoverable amount of $80,000.On acquisition of the subsidiary goodwill of $60,000 was recognised.The amount to be identified as goodwill impairment loss is:

A) $100,000
B) $80,000
C) $20,000
D) $60,000