Goodwill

question 79

Multiple Choice

Goodwill

• A)generated internally should not be capitalized unless it is measured by an individual independent of the enterprise involved.
• B)is easily computed by assigning a value to the individual attributes that comprise its existence.
• C)represents a unique asset in that its value can be identified only with the business as a whole.
• D)exists in any company that has earnings that differ from those of a competitor.