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Which one of the following is a membership criterion for the Canadian Sport Psychology Association (not CPA) ?
Goodwill
An intangible asset that represents the excess of the purchase price over the fair market value of an acquired company's identifiable assets and liabilities.
Fair Value
The estimated market value of an asset or liability in an arm's length transaction between informed and willing parties.
Investment Income
Income received from the assets invested in, such as dividends, interest, or rental income.
Common Stock
Shares of ownership in a corporation that grant holders voting rights and a share of the company’s profits through dividends.
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