Which of the below statements related to the allocation of goodwill under IAS 36 is correct?
A. Goodwill should, from the acquisition date, be allocated to each of the acquirer's cash-generating units that are expected to benefit from the synergies of the business combination
B. Goodwill can only be allocated to those cash-generating units that other assets or liabilies of the acquiree are assigned to
C. The allocation of goodwill is required to be completed by the end of the fiscal year during which the acquistion occurred
D. The allocation of goodwill is required to be completed within 6 months of the acquisiton date
A. According to IAS 36, goodwill should be allocated to the related asset groupings, typically referred to as cash-generating units (CGUs), that are expected to benefit from the synergies resulting from the business combination from the date of acquisition.
