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The Appropriate Way to Amortize Goodwill Is

Question 115

Multiple Choice

The appropriate way to amortize goodwill is


A) Straight-line over a maximum of 40 years
B) Straight-line over a maximum of 20 years
C) Double-declining-balance over a period not to exceed 20 years
D) Over the estimated useful life of the goodwill
E) Goodwill is not amortized or depreciated

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