Goodwill arising from a business combination is treated under IFRS 3 as:
AAmortised over 10 years
BTested for impairment annually; not amortisedCORRECT
CWritten off immediately
DCapitalised forever without review
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Why the answer is B, and why the others tempt you.
IFRS 3: goodwill is not amortised; annual impairment testing required (or earlier if indicators exist).
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