An impairment model is used Multiple Choice To assess whethe

An impairment model is used: Multiple Choice To assess whether asset write-downs are appropriate for indefinite-lived assets. To calculate the fair value of intangible assets. To calculate the amortization of indefinite-lived assets over their useful lives. To determine whether the fair value of assets should be ecognized

Solution

Impairment model is used to expense an intangible asset and amortize it over its useful life

So, the cost of the intangible asset is spread over its useful life through the impairment model

So, as per above discussion, option C is the correct option