The First Step in Determining Goodwill Impairment Involves Comparing The

Multiple Choice

The first step in determining goodwill impairment involves comparing the:

A) implied value of a reporting unit to its carrying amount (goodwill excluded) .
B) fair value of a reporting unit to its carrying amount (goodwill excluded) .
C) implied value of a reporting unit to its carrying amount (goodwill included) .
D) fair value of a reporting unit to its carrying amount (goodwill included) .