Which of the Following Statements About the Capitalisation of Goodwill

question 29

Multiple Choice

Which of the following statements about the capitalisation of goodwill is true?

• A) Neither internally generated nor purchased goodwill may be capitalised.
• B) Both internally generated and purchased goodwill may be capitalised.
• C) Internally generated goodwill is never capitalised,but purchased goodwill is capitalised.
• D) Internally generated goodwill may be capitalised,but purchased goodwill is never capitalised.

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Definitions:

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