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Any Goodwill Arising on a Business Combination Is Required to Be

Question 21

Multiple Choice

Any goodwill arising on a business combination is required to be tested at least annually for impairment.This requirement arises from the operation of:


A) AASB116 Property Plant and Equipment
B) AASB3 Business Combinations
C) AASB138 Intangible Assets
D) AASB 136 Impairment

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