Goodwill Recorded by the Subsidiary at the Acquisition Date Is

Multiple Choice

Goodwill recorded by the subsidiary at the acquisition date is?

A) Added to the goodwill recognized by the parent at the acquisition date.
B) Deducted from the net fair value of the identifiable assets and liabilities of the subsidiary in the performing the acquisition analysis.
C) Is amortized over 25 years.
D) An impairment loss is recognized by the subsidiary for the entire amount.