Over What Period of Time Should Goodwill Be Amortized

question 164

Multiple Choice

Over what period of time should goodwill be amortized?

• A) 40 years
• B) its useful economic life
• C) 40 years or its useful economic life, whichever is shorter
• D) Goodwill is never amortized.

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Definitions:

Decrease

A reduction in size, number, quantity, or extent of something.

Reinforce

To strengthen a behavior or response through rewards or positive outcomes, increasing the likelihood of its recurrence.

Increase

A rise in quantity, size, or degree.

Contingency of Reinforcement

A concept in behavioral psychology where the delivery of reinforcement depends on specific conditions or behaviors being met.