Why did the FASB decide that goodwill amortization should not be allowed and that instead goodwill should

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Why did the FASB decide that goodwill amortization should not be allowed and that instead goodwill should be periodically tested for impairment? LO1

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Advanced Accounting

ISBN: 9780073379456

9th Edition

Authors: Joe Ben Hoyle, Timothy S. Doupnik, Thomas F. Schaefer, Oe Ben Hoyle

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Question Posted: Jul 24, 2024 10:04 AM

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Why did the FASB decide that goodwill amortization should not be allowed and that instead goodwill should

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Advanced Accounting

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