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Goodwill is: Amortized over the greater of its estimated life or 40 years. Only recorded by the seller of a business. The excess of the
Goodwill is:
Amortized over the greater of its estimated life or 40 years. | |
Only recorded by the seller of a business. | |
The excess of the fair value of a business over the fair value of all net identifiable assets. | |
None of the above. |
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