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:

Write Online

The act of creating written content through digital platforms or environments, such as blogs, social media, or online documents.

Common Knowledge

Information that is widely known by many people and assumed to be true or familiar to the general public.

Credit

Recognition or acknowledgment for something, or a system of borrowing money with the obligation to return it, typically with interest.

Writing Process

A series of steps that writers follow to complete a piece of writing, typically including prewriting, drafting, revising, editing, and publishing.