Which of the following pieces of evidence would most likely not be considered by the auditor in evaluating the potential impairment of goodwill?
a. The acquisition made by a competitor of a company that is not a direct competitor of the client.
b. The current market capitalization of the company in comparison with its net book value.
c. The cash flows and operating date of the reporting unit since acquisition compared with estimates made at the time of the acquisition.
d. The growth or decline in market share of the reporting unit.
Answer: A
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