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La Moving to another question will save this response. Question 10 The intangible asset of Goodwill: O A. Is amortized over a period of 20 years using the Straight-Line method. O B. May be amortized using either the straight-line or units-of-production method. OC. Is not amortized, but is tested annually for impairment. O D. Is amortized over a period of 20 years using the units-of-production method. Moving to another question will save this response. * Question Completion Status: Moving to another question will save this response. Question 9 Contingent liabilities must be recorded if: O A. The future event is remote. O B. The future event is reasonably possible. O C. The amount owed cannot be reasonably estimated. O D. The future event is probable and the amount owed can be reasonably estimated. Moving to another question will save this response. Cho

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