B. May be recorded when a company's level of net income exceeds the industry average.
C. Must be expensed in the period when it is acquired.
D. May be recorded when the company purchases another business.
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Home » Business » In accounting, goodwill A. Is never recorded. B. May be recorded when a company's level of net income exceeds the industry average. C. Must be expensed in the period when it is acquired. D. May be recorded when the company purchases another business.