Select of Section of the statement of financial position where the following items are reported. Use the following code to identify your answer:
-Goodwill
A) Property, plant and equipment(PPE)
B) Intangibles(I)
C) Other(O)
D) Not on the statement of financial position(N/A)

Question

Quizplus · Accepted Answer

Goodwill is reported as an intangible asset on the statement of financial position, not as property, plant, and equipment or under any other category.

Select of Section of the Statement of Financial Position Where