How is Goodwill resulting from business combinations treated under Japanese GAAP?
A)It is capitalized and amortized over a period of no more than 40 years.
B)It may be expensed in the year the subsidiary is acquired.
C)It is capitalized and written down when its fair value becomes less than its carrying value.
D)It is amortized over between 5 and 40 years.

Question

Quizplus · Accepted Answer

The Answer of How is Goodwill resulting from business combinations treated under Japanese GAAP?
A)It is capitalized and amortized over a period of no more than 40 years.
B)It may be expensed in the year the subsidiary is acquired.
C)It is capitalized and written down when its fair value becomes less than its carrying value.
D)It is amortized over between 5 and 40 years.

How Is Goodwill Resulting from Business Combinations Treated Under Japanese