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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