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  2. Topic
    Business
  3. Study Set
    Advanced Accounting Concepts and Practice
  4. Exam
    Exam 21: Partnerships: Changes in Ownership
  5. Question
    In Partnerships, When Goodwill Is Recorded It Cannot Be Amortized
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In Partnerships, When Goodwill Is Recorded It Cannot Be Amortized

Question 1

Question 1

True/False

In partnerships, when goodwill is recorded it cannot be amortized.

Correct Answer:

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