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/IAS 38 Intangible Assets does not allow the recognition of internally generated goodwill.
Correct Answer:
Verified
Correct Answer:
Verified
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