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17. When a business engages in corporate social responsibility, it hopes to engender greater goodwill...

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Accounting

17. When a business engages in corporate social responsibility, it hopes to engender greater goodwill among its various stakeholders.

a. How are these expenditures accounted for?

b. If the resulting goodwill was capitalized under GAAP, do you believe that acts of corporate social responsibility would increase?

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