Question: Please solve A, B,C,D 1.when goidwill dies it is called A) Amortization b) impariment c) depreciation d)depletion 2.When prices are rising ,a LIFO liquidation will

Please solve A, B,C,D

1.when goidwill dies it is called

A) Amortization b) impariment c) depreciation d)depletion

2.When prices are rising ,a LIFO liquidation will

A.always decrease income

B.always increase income

C.sometimes increase income and sometimes decrease income??

3. Window dressing is

A.legal.

B.illegal

When intangible assests like franchises or patents die It is called

AAmortization.

B.depletion

C.depreciation

Impariment

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