WASHINGTON - The Financial Accounting Standards Board expressed doubt Wednesday about an industry alternative to its proposal that would eliminate pooling-of-interests accounting for mergers.

Representatives of Morgan Stanley Dean Witter & Co., Goldman Sachs & Co., Deloitte & Touche, PricewaterhouseCoopers, and Arthur Andersen recommended that goodwill be recorded on the books as an asset and tested for reductions in value.

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