Goodwill Is Not Recognized in Accounting Unless It Is Acquired

question 269

True/False

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

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Definitions:

Secondary Reinforcer

An acquired reinforcing stimulus, which becomes effective through its link with a primary reinforcer.

Positive Reinforcer

A prompting element, which upon being offered subsequent to an action, elevates the chances of the repetition of that action.

Stimulus

A stimulus is any object, event, or factor capable of inciting a physiological or psychological response.

Secondary Reinforcer

A stimulus reinforcing a behavior through its association with a primary reinforcer, not inherently rewarding.