Question: According to the purchase accounting method, the goodwill created in a merger __. Group of answer choices is a tangible asset item may not be

According to the purchase accounting method, the goodwill created in a merger __.

Group of answer choices

is a tangible asset item

may not be amortized for shareholder reporting purposes

is equal to the difference between the assessment value and book value of the target

is not amortized for Federal tax purposes

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