Which of the following costs of goodwill should be amortized over their estimated useful lives? $\begin{array}{lll}&\text { Costs of goodwill from a } & \
&\text { business combination } & \text { Costs of developing } \
&\text { accounted for as a purchase } & \text { goodwill internally }\\hline \end{array}$
A) $~~~~~~~~$$~~~~~~~~$$~~~~~~~~$No $~~~~~~~~$ $~~~~~~~~~~~~~~~~~~~~~$ No
B)$~~~~~~~~$ $~~~~~~~~$$~~~~~~~~$No$~~~~~~~~$ $~~~~~~~~~~~~~~~~~~~~~~$ Yes
C) $~~~~~~~~$$~~~~~~~~$$~~~~~~~~$Yes$~~~~~~~~$ $~~~~~ ~~~~~~~~~~~~~~~~~~$ Yes
D) $~~~~~~~~$$~~~~~~~~$$~~~~~~~~$Yes$~~~~~~~~$ $~~~~~~~~~~~~~~~~~~~~~~$ No

Question

Which of the following costs of goodwill should be amortized over their estimated useful lives? $\begin{array}{lll}&\text { Costs of goodwill from a } & \
&\text { business combination } & \text { Costs of developing } \
&\text { accounted for as a purchase } & \text { goodwill internally }\\hline \end{array}$
A) $~~~~~~~~$$~~~~~~~~$$~~~~~~~~$No $~~~~~~~~$ $~~~~~~~~~~~~~~~~~~~~~$  No
B)$~~~~~~~~$ $~~~~~~~~$$~~~~~~~~$No$~~~~~~~~$ $~~~~~~~~~~~~~~~~~~~~~~$ Yes
C) $~~~~~~~~$$~~~~~~~~$$~~~~~~~~$Yes$~~~~~~~~$ $~~~~~ ~~~~~~~~~~~~~~~~~~$   Yes
D) $~~~~~~~~$$~~~~~~~~$$~~~~~~~~$Yes$~~~~~~~~$ $~~~~~~~~~~~~~~~~~~~~~~$ No

Quizplus · Accepted Answer

The Answer of Which of the following costs of goodwill should be amortized over their estimated useful lives? $\begin{array}{lll}&\text { Costs of goodwill from a } & \
&\text { business combination } & \text { Costs of developing } \
&\text { accounted for as a purchase } & \text { goodwill internally }\\hline \end{array}$
A) $~~~~~~~~$$~~~~~~~~$$~~~~~~~~$No $~~~~~~~~$ $~~~~~~~~~~~~~~~~~~~~~$  No
B)$~~~~~~~~$ $~~~~~~~~$$~~~~~~~~$No$~~~~~~~~$ $~~~~~~~~~~~~~~~~~~~~~~$ Yes
C) $~~~~~~~~$$~~~~~~~~$$~~~~~~~~$Yes$~~~~~~~~$ $~~~~~ ~~~~~~~~~~~~~~~~~~$   Yes
D) $~~~~~~~~$$~~~~~~~~$$~~~~~~~~$Yes$~~~~~~~~$ $~~~~~~~~~~~~~~~~~~~~~~$ No

Which of the Following Costs of Goodwill Should Be Amortized