Q20

Goodwill is an intangible asset

		That has a definite life and its cost should be amortized overits useful life.
		That is recorded when the company has projected earnings inexcess of earnings expected for an investment in a similar companyin the same industry.
		That is reviewed for impairment when circumstances indicate thatimpairment may have occurred.
		That is reviewed annually to determine whether impairment hasoccurred.