At the End of Its 2013 Fiscal Year, a Triggering

Multiple Choice

At the end of its 2013 fiscal year, a triggering event caused Janero Corporation to perform an impairment test for one of its manufacturing facilities. The following information is available: The manufacturing facility is:

A) Impaired because its book value exceeds undiscounted future cash flows.
B) Not impaired because its book value exceeds undiscounted future cash flows.
C) Not impaired because it continues to produce revenue.
D) Impaired because its book value exceeds fair value.