The writing-off of goodwill against reserves (compared with amortization) tends to: (a) Understate assets and income. (b)

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The writing-off of goodwill against reserves (compared with amortization) tends to:

(a) Understate assets and income.

(b) Overstate assets and income.

(c) Understate assets and overstate income.

(d) Overstate assets and understate income.

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