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NEW QUESTION: 1
Goodwill should:
A. be amortized to income over a period not exceeding 40 years.
B. written off over a 40 year period even if the superior earning power justifying its existence disappears.
C. be expensed in the period in which it is purchased from another company or organization.
D. not be amortized as it will be a benefit to the company over its entire life. Companies are assumed to have an indefinite life.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Goodwill can be amortized over a maximum of 40 years. However, goodwill should be amortized over a number of periods equal to its ability to deliver superior earning power unless that period is over 40 years.

NEW QUESTION: 2
Alerts in the Performance module are notifications that occur when pre-configured thresholds are reached. How is the notification performed?
A. By displaying the word "ALERT' with audible signal
B. Through Email
C. By displaying the word "ALERT" with no audible signal
D. Through a Configurable Event
E. Through audible signal only
Answer: A

NEW QUESTION: 3
Spanning Tree Protocol failure in the processing chain, in order to prevent temporary loops produced using the () timer
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