Solved

Which of the Following Best Describes Goodwill

Question 1

Multiple Choice

Which of the following best describes goodwill?


A) internal value generated by way of a brand image
B) the excess of fair value transferred to acquire a business over fair value amounts assigned to identifiable assets
C) internal value generated by way of a company's charitable activities and philanthropic acts
D) a company's intentions to impact the community and environment in a favourable way

Correct Answer:

verifed

Verified

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents