Question 16 (1 point) Internally generated goodwill may be capitalized annually. 1) True 2) False Question 17 (1 point) Factors that may contribute to, or may be assessed in relation to the impairment of PPE include 1) none of the other answers 2) the changing economic benefits of an asset. 3) all of the other answers 4) elimination of a business unit due to corporate restructuring. 5) environmental spills or damage. Question 18 (1 point) In 2020 as part of a property purchase, Melrose Ltd. incurred and paid 2019 property taxes. These costs should be 1) not be taken into consideration, these costs are irrelevant 2) recognized as an impairment loss. 3) recognized as a capital cost. 4) recognized on the Statement of Income as an expense