What factors are triggering impairments?

What factors are triggering impairments?

Q. What factors are triggering impairments?

(i) Falling demand, revenue, profitability, rising losses, increase in competition

(ii) Falling demand, profitability and rising losses

(iii) Profitability, rising losses and increase in competition

(iv) Profitability, rising losses and economic crisis

Answer: (i) Falling demand, revenue, profitability, rising losses, increase in competition

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