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GOODWILL

Quiz by Pooja Bhatla

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3 questions
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  • Q1
    GOODWILL IS
    FICTICIOUS ASSET
    TANGIBLE ASSET
    INTANGIBLE LIABILTY
    INTANGIBLE ASSET
    30s
  • Q2
    IF THE LOCATION OF BUSINESS IS CENTRAL IT WILL RESULT IN
    INCREASES REVENUE BUT DECREASES NORMAL PROFIT
    DECREASES REVENUE AND NORMAL PROFIT
    INCREASED REVENUE WHICH RESULTS IN INCREASED PROFITS AND HENCE SUPER PROFIT WHICH LEADS TO GOODWILL
    MORE SALES BUT MORE EXPENSES ALSO
    30s
  • Q3
    WHICH GOODWILL SHOULD BE RECORDED
    PURCHASED
    SELF ASSESSED
    SELF GENERATED
    30s

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