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Goodwill is recorded as an intangible asset when ________. one company acquires another company the fair value of a company's assets are greater than the

Goodwill is recorded as an intangible asset when ________.

one company acquires another company

the fair value of a company's assets are greater than the cost of acquiring that company

the fair value of a company's assets exceed carrying value of those assets

a company's exceptional quality, reputation, or capability enables it to generate exceptional earnings

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