Which of the Following Is the Amount Capitalised as Goodwill

question 129

Multiple Choice

Which of the following is the amount capitalised as goodwill?

• A)The excess of the cost of an acquired company over the sum of the carrying amount of its assets
• B)The excess of the cost of an acquired company over the sum of the market value of its assets
• C)The excess of the cost of an acquired company over the sum of the carrying amount of its net assets
• D)The excess of the cost of an acquired company over the sum of the market value of its net assets

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Definitions:

Narragansett Indians

A Native American tribe originally from the Rhode Island area, known for their rich culture, history of resistance and adaptation during European colonization, and ongoing efforts to preserve their heritage.

Privateering

The practice of private individuals or ships authorized by a government engaging in maritime warfare under a commission of war.

Bartolome de Las Casas

A 16th-century Spanish friar and social reformer who advocated for the rights of indigenous peoples in the Americas.

Spanish Conquistadors

Explorers and soldiers from Spain who, during the 16th century, conquered much of the Americas and parts of what is now the southwestern United States.