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(TCO C) Purchased goodwill should be written off as soon as possible against retained earnings. be written off as soon as possible as an extraordinary

(TCO C) Purchased goodwill should

be written off as soon as possible against retained earnings. be written off as soon as possible as an extraordinary item. be written off by systematic charges as a regular operating expense over the period benefited. not be regularly amortized but subject only to impairment testing.

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