Goodwill Can Be Recorded

question 79

Multiple Choice

Goodwill can be recorded

• A) when customers keep returning because they are satisfied with the company's products.
• B) when the company acquires a good location for its business.
• C) when the company has exceptional management.
• D) only when there is a purchase of an entire business.

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Definitions:

Larynx

The voice box located in the neck, involved in breathing, producing sound, and protecting the trachea against food aspiration.

Sternocleidomastoid

A neck muscle that flexes and rotates the head, visible when turning the head or when strained.

Palatoglossus

A muscle that elevates the back of the tongue and narrows the oropharyngeal isthmus, playing a role in swallowing and speech.

Soft Palate

The fleshy, flexible part toward the back of the roof of the mouth, separating the mouth from the pharynx.