According to Current Accounting Principles,for the Purposes of Testing Impairment,goodwill

question 41

Multiple Choice

According to current accounting principles,for the purposes of testing impairment,goodwill resulting from the acquisition process must be identified

• A)as an expense on the income statement.
• B)on the books of the parent company.
• C)on the basis of present value.
• D)with an operating or reporting unit.

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