Under U. S. GAAP, organizations must evaluate goodwill at least annually for impairment? True False When an organization completes a merger or an acquisition in the year being audited, the auditor must perform procedures to ascertain that: A. Assets acquired, including assets not previously reported, are brought onto the books at their fair values. B. Assets acquired, including assets not previously reported, are brought onto the books at their fair values though in total not greater than the price paid plus liabilities assumed. c. Assets acquired are brought onto the organizations books at amounts that are not greater than the carrying amounts on the acquired company's books at time of acquisition. D. Goodwill resulting from the acquisition or merger is not impaired as of the acquisition/merger date. recorded at their original costs plus: A. Their carrying amount is not impaired. B. The estimated useful lives being used for depreciation and amortization are reasonable based on current and expected usage of the asset. C. Depreciation and amortization are being calculated properly. D. All of the above. E. Only B and C. Type I subsequent events discovered before the issuance of the audit report require that the financial statements be adjusted to reflect those events. True False