Question: Purchased goodwill should be Select one: a . expensed as soon as possible to other comprehensive income. b . amortized over the period benefited, but

Purchased goodwill should be
Select one:
a. expensed as soon as possible to other comprehensive income.
b. amortized over the period benefited, but not more than 40 years.
c. expensed as soon as possible against retained earnings.
d. not expensed or amortized, but rather reduced only if impairment occurs.

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