Question: First: Internally generated goodwill associated with a business may be recorded as an asset when a firm offer to purchase that business unit has been

First: Internally generated goodwill associated with a business may be recorded as an asset when a firm offer to purchase that business unit has been received.

Second: If a new patent is acquired through modification of an existing patent, the

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remaining book value of the original patent may be amortized over the life of the new

First: Internally generated goodwill associated

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