Which of the Following Is Not True

Which of the following is not true?

A) Firms must test goodwill annually for impairment.
B) Goodwill is the excess of the amount paid for the acquired company over the fair value of identifiable net assets.
C) Goodwill, because it includes unidentifiable intangible resources, has an indefinite life.
D) U.S.GAAP requires tests for impairment of goodwill as part of a reporting unit because a firm cannot separate goodwill from other assets.
E) U.S.GAAP requires firms to amortize goodwill over its expected useful life.