Which of the Following Statements Is Incorrect

question 13

Multiple Choice

Which of the following statements is incorrect?

• A)Goodwill cannot be revalued.
• B)Goodwill is subject to amortisation.
• C)Goodwill is not subject to amortisation.
• D)AASB 138 Intangible Assets does not allow the recognition of internally generated goodwill.

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Definitions:

Dependent Variables

In an experimental setting, these are the variables that are tested and measured to see how they are influenced by changes in independent variables.

Control Group

In experimental research, the group of subjects not exposed to the treatment, used as a baseline to compare with the treatment group.

Caffeine

A stimulant drug found in coffee, tea, and certain soft drinks, known to increase alertness.

Reaction Time

The interval between the presentation of a stimulus and the initiation of the response to that stimulus.