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Which of the following is correct about goodwill? A. Goodwill has been created from a business acquisition. B. There are costs associated with developing goodwill.

Which of the following is correct about goodwill?

A. Goodwill has been created from a business acquisition. B. There are costs associated with developing goodwill. C. The fair market value of the company's assets exceeds their book value. D. The acquisition cost of a business exceeds the book value of the investee's net assets.

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