The Appropriate Way to Amortize Goodwill Is

question 159

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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Definitions:

Local Security Policy

Security rules that can be applied to a computer.

Root

In Unix/Linux, the administrator account. The root user has absolute power on a system, including within macOS.

Administrator Account

An administrator account is a user account with permissions to make changes that will affect other users, such as installing software or changing network settings.

NTFS Permissions

A security measure that can dictate what a specific user or group can do with a file or folder.