Internally Generated Goodwill Associated with a Business May Be Recorded

question 34

True/False

Internally generated goodwill associated with a business may be recorded as an asset when a firm offer to purchase that business unit has been received.

---

Definitions:

Operant Conditioning

An educational method where the intensity of a behavior is altered through rewards or penalties.

Social Conditioning

The process of training individuals in a society to respond in a manner generally approved by the society and its institutions.

Cultural Hegemony

The pervasive and excessive influence of one culture throughout society.

Examples

Concrete instances or cases that illustrate or explain a general concept, idea, or phenomenon.