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3 Which of the following statements is the least likely to be correct: A. Goodwill may be recorded when a companys expected ROA is above

3 Which of the following statements is the least likely to be correct: A. Goodwill may be recorded when a companys expected ROA is above the norm. B. Goodwill is an intangible asset that arises from business combinations. C. Goodwill cannot be identified separately from the business as a whole. D. Goodwill is an intangible asset with indefinite useful life

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