Goodwill Is Not Recognized in Accounting Unless It Is Acquired

question 120

True/False

Goodwill is not recognized in accounting unless it is acquired from purchasing another business enterprise.

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Definitions:

Nightmares

Disturbing dreams that can cause feelings of fear, terror, or anxiety, often awakening the sleeper.

Nicotine

The active ingredient in tobacco.

Stimulant

A substance that raises levels of physiological or nervous activity in the body, often used to increase alertness, attention, and energy.

Sleep

A naturally recurring state of mind and body, characterized by altered consciousness, relatively inhibited sensory activity, reduced muscle activity, and inhibition of nearly all voluntary muscles during rapid eye movement (REM) sleep phases.