Goodwill Is an Example of a Tangible Asset

question 47

True/False

Goodwill is an example of a tangible asset.

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Definitions:

Human Resources

Concerns all aspects of employment, including recruitment, staffing, training, payroll, benefits administration, and compliance with labor laws.

Management and Staffs

The process and people involved in planning, organizing, leading, and controlling an organization's resources to achieve its objectives.

Conscious Determinants

Factors that are consciously recognized and understood to influence an individual's thoughts, feelings, and behaviors.

Cognitive

Relating to mental activities such as thinking, understanding, learning, and remembering.