Home »
MCQs »
Commerce MCQs »
Goodwill MCQs
Goodwill is defined as which asset?
1. Goodwill is defined as which asset?
- Fictitious Asset
- Current Asset
- Liquid Asset
- Intangible Asset
Answer: D) Intangible Asset
Explanation:
Goodwill is a theoretical resource that records at the abundance buy cost of another organization. The interaction for computing generosity is genuinely clear on a basic level yet can be very perplexing by and by. To decide generosity in an oversimplified recipe, take the price tag of an organization and take away the net honest evaluation of recognizable resources and liabilities.