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  3. Study Set
    Auditing A Business Risk Approach
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    Exam 13: Audit of Long-Lived Assets and Related Expense Accounts
  5. Question
    Accounting Principles Allow Goodwill to Be Held on the Books
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Accounting Principles Allow Goodwill to Be Held on the Books

Question 81

Question 81

True/False

Accounting principles allow goodwill to be held on the books of a company indefinitely and not amortized over time.

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