When Goodwill in an Associate Is Acquired by an Investor

question 28

Multiple Choice

When goodwill in an associate is acquired by an investor, the amortisation of goodwill is:

• A) spread evenly across the useful life of the investment.
• B) not permitted.
• C) included in the determination of the investor's share of the associate's profit or loss.
• D) included in the revaluation of the investment.

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