An asset which does not have a physical form but has the potential to have a monetaryvalue is known as an -------------
A) Fictitious Asset
B) Physical Asset
C) Intangible Asset
D) all
Correct Answer:
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Q10: Goodwill is nothing more than probability that
Q11: Goodwill is to be calculated at one
Q12: When there is no Goodwill Account in
Q13: The amount of goodwill is paid by
Q14: At the time of admission of a
Q16: Valuation of ------------- Assets is difficult.
A)Intangible
B)Wasting
C)Current
D)all
Q17: Following are forms of Intangible assets.
A)Brand, Goodwill,
Q18: The value of Intangible assets is -------------
Q19: The following statement stands true when intangible
Q20: This is the feature of Intangible assets
A)They
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