The reduction in value of goodwill is? by Sunday | Mar 21 | Accounting WAEC | 0 comments A. amortization B. appreciation C. depletion D. depreciation Correct Answer: Option A A. amortization Users Also Read These:The reduction in the value of a country's currency…The value of goodwill calculated at 3 years purchase…The reduction in value of an intangible asset is?The double entry to record the goodwill in the books…In a partnership goodwill is recognized when?