Impairment Test

Business, Legal & Accounting Glossary

Definition: Impairment Test


Impairment Test

Quick Summary of Impairment Test


Test that the business can expect to recover the carrying value of the intangible asset, through either using it or selling.




Cite Term


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Page URL
https://payrollheaven.com/define/impairment-test/
Modern Language Association (MLA):
Impairment Test. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
May 18, 2024 https://payrollheaven.com/define/impairment-test/.
Chicago Manual of Style (CMS):
Impairment Test. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/impairment-test/ (accessed: May 18, 2024).
American Psychological Association (APA):
Impairment Test. PayrollHeaven.com. Retrieved May 18, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/impairment-test/

Definition Sources


Definitions for Impairment Test are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 23rd December, 2018 | 0 Views.