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Which of the following is not true about goodwill? It must be tested annually for impairment. Only purchased goodwill can be recognised. Internally generated goodwill

Which of the following is not true about goodwill?

It must be tested annually for impairment.

Only purchased goodwill can be recognised.

Internally generated goodwill can be recognised.

A parent can recognise only its share of goodwill.

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