Which of the following is a qualitative factor in impairment testing

Which of the following is a qualitative factor in impairment testing

Which of the following is a qualitative factor in impairment testing (ASC 350)?

A. Decline in market share

B. Current operating losses

C. Negative cash flows

D. Debt-to-equity ratio

Answer: A

Explanation: ASC 350-20-35-2: Qualitative factors include market share decline, legal changes, etc. Operating losses and cash flows are quantitative.