If there has been an impairment to goodwill, a disclosure describing the following is necessary:
A. the facts and circumstances leading to the impairment.
B. the company's failure to realize expected cost-saving synergies.
C. the parents tests conducted on preexisting goodwill before the goodwill is recorded as part of the acquisition.
D. the theoretical justification for consolidated financial statements.
Answer: A. the facts and circumstances leading to the impairment.
Business
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a. true b. false
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