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    Business
  3. Study Set
    Horngrens Accounting Study Set 2
  4. Exam
    Exam 10: Property, Plant, and Equipment; Goodwill; and Intangibles
  5. Question
    Goodwill Has an Indefinite Life, So It Is Not Amortized
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Goodwill Has an Indefinite Life, So It Is Not Amortized

Question 45

Question 45

True/False

Goodwill has an indefinite life, so it is not amortized, but tested for impairment.

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