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Goodwill should:________. a. be written off as soon as possible against retained earnings. b. absent impairment, not be written off because it has an indefinite life. c. written off as soon as possible
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Goodwill should:________.

a. be written off as soon as possible against retained earnings.
b. absent impairment, not be written off because it has an indefinite life.
c. written off as soon as possible as an expense.
d. amortized over a maximum of forty years.

User Yixiang
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3 votes

Answer:

d.amortized over a maximum of forty years

User Pratik Bhatt
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