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Answer: 1). Answer to question 1 The Amortisation of goodwill is one of the many concepts which though old have not lost their significance with respect to their applicability and relevance. It is specifically important due to the fact that many organisations need to amortise their amount of goodwill over its life on a straight line basis. The life of goodwill involves significant estimate as well as assumptions on the part of the manage...Read More
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