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  3. Study Set
    Fundamental Accounting Principles
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    Exam 1: Property, plant and Equipment Intangibles
  5. Question
    Goodwill Is Not Depreciated or Amortized but Is Instead Decreased
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Goodwill Is Not Depreciated or Amortized but Is Instead Decreased

Question 57

Question 57

True/False

Goodwill is not depreciated or amortized but is instead decreased only if its value has been determined by management to be impaired.

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