19. Which statement best describes the approach to goodwill accounting. O Goodwill is expensed at the acquisition date. O Goodwill is amortized over 5 years. Goodwill is not amortized and is tested for impairment at least once a year. 20. Which statement best describes current stock option accounting requirements. Currently, you must expense all stock options only after they are exercised. Currently, you must expense all stock options granted. O Currently, only stock options that are "in the money" after one year are expensed. 21. The measurement of stock option expense is usually on this date. The grant date, or date of issuance. O The first date the market price of the underlying stock price is greater than the option price. o The exercise date or the date the employee turns options into stock. 22. Which statement best describes the approach to accounting research we discussed in class. It is always best to start with a manual, or a text book, to save research time. O NO SEC research is needed because the SEC has no authority and does not establish accounting standards. It is always best to use a systematic approach and start with the FASB pronouncements to ensure that all GAAP requirements are considered