Which of the Following Is True of Goodwill

question 81

Multiple Choice

Which of the following is true of goodwill?

• A)Goodwill must be capitalized when acquired, and amortized over 7 years or less.
• B)Both created and acquired goodwill must be recorded in the books.
• C)Goodwill must be expensed when acquired.
• D)Goodwill is not amortized.

---

Definitions:

Interpersonal Communication

The process through which people exchange information, feelings, and meaning through verbal and non-verbal messages face-to-face.

Interactional

Relating to or involving the interaction between two or more individuals, often in the context of social relationships or communication.

Participants' Relationship

The connection or interaction between individuals taking part in a study, which can influence the outcomes of the research.

Context

The environment in which communication takes place.