alleryStart learning →Goodwill relating to an associate is:
Aamortised straight-line over ten years
Brecognised as a separate intangible
Cwritten off to profit in year one
Dincluded within the investment balance
Answer & Solution
Correct answer: D. included within the investment balance
Goodwill on an associate is included in the investment's carrying amount and amortisation is not permitted.
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