Question
When a company reports goodwill in its balance sheet, we know that It was internally generated because the company has earnings in excess of those
When a company reports goodwill in its balance sheet, we know that
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| It was internally generated because the company has earnings in excess of those of other companies in the industry.
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| The company purchased it.
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| The company will be reporting amortization expense for the goodwill.
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| The company will not be reporting an impairment loss for the goodwill. |
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The Audit Is A Powerful Management Tool
Authors: Fateh Bouchene
1st Edition
6204366548, 978-6204366548
