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6. The appropriate way to amortize goodwill is: A) Straight-line over a maximum of 40 years. B) Straight-line over a maximum of 20 years. C)
6. The appropriate way to amortize goodwill is: A) Straight-line over a maximum of 40 years. B) Straight-line over a maximum of 20 years. C) Diminishing-balance over a period not to exceed 20 years, D) Over the estimated useful life of the goodwill. E) Goodwill is not amortized. Page 3
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