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What two things are compared In Step 1 of the goodwill Impairment test? The fair value...

What two things are compared In Step 1 of the goodwill Impairment test? The fair value of the reporting unit to the book value of the reporting unit including goodwill B. The implied fair value of the goodwill to the book value of the goodwill C. The fair value of total intangible assets to the book value of total intangible assets D. The fair value of total assets to the fair value of total liabilities 4. In Step 1, goodwill is considered I

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A. The fair value of the reporting unit to the book value of reporting unit including goodwill.

This is as CPA guidelines which is currently in practice

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