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9. How is goodwill arising on the acquisition of a subsidiary dealt with in the financial statements? (a) It is recognised as an asset and

9. How is goodwill arising on the acquisition of a subsidiary dealt with in the financial statements? (a) It is recognised as an asset and subsequently amortized. (b) It is recognised as an asset and subsequently impairment tested . (c) It is written off against profit or loss. (d) Goodwill is not recognized separately within the carrying amount of the investment.

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