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    Question

    How is self-generated goodwill amortized in

    accounting?
    A It is not amortized Correct Answer Incorrect Answer
    B It is amortized over its useful life Correct Answer Incorrect Answer
    C It is amortized over a fixed period of time Correct Answer Incorrect Answer
    D It is amortized based on the company's own estimates Correct Answer Incorrect Answer

    Solution

    Self-generated goodwill is not amortized in accounting. Instead, it is subject to periodic impairment tests to.

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