Goodwill arising from acquisition is:
AAmortised straight-line
BTested for impairment annually under IFRS/US GAAPCORRECT
CExpensed immediately
DTax-deductible always
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Why the answer is B, and why the others tempt you.
IFRS 3 / US GAAP: goodwill not amortised; tested annually for impairment (or earlier if indicators exist).
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