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Goodwill has an indefinite life, so it is not amortized, but tested for impairment. T or F?

harra

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Goodwill has an indefinite life, so it is not amortized, but tested for impairment. T or F?

Goodwill has an indefinite life, so it is not amortized, but tested for impairment.
T or F?

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Accounting, Volume 1, Canadian Edition

Accounting, Volume 1, Canadian Edition

Edition: 9^th

Authors: Horngren, Harrison, Johnston, Meissner, Norwood

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