Question: How is goodwill amortized? Multiple Choice It is not amortized for reporting purposes or for tax purposes. O It is not amortized for tax purposes,

How is goodwill amortized?
Multiple Choice
It is not amortized for reporting purposes or for tax purposes.
O
It is not amortized for tax purposes, but is amortized over a 5-year life for reporting purposes.
It is not amortized for reporting purposes, but is amorized over a 5-year life for tax purposes.
Itis not amortized for reporting purposes, but is amorized over a 15-year life for tax purposes.
0
It is not amortized for tax purposes, but is amortized over a 15-year life for reporting purposes.

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