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    Over What Period of Time Should Goodwill Be Amortized
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Over What Period of Time Should Goodwill Be Amortized

Question 164

Question 164

Multiple Choice

Over what period of time should goodwill be amortized?


A) 40 years
B) its useful economic life
C) 40 years or its useful economic life, whichever is shorter
D) Goodwill is never amortized.

Correct Answer:

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