The Excess of the Cost of Acquisition of a Company

question 38

Multiple Choice

The excess of the cost of acquisition of a company over the fair value of its net identifiable assets is known as:

• A) surplus.
• B) amortisation.
• C) goodwill.
• D) abatement.

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Definitions:

Plaque

A sticky deposit on teeth in which bacteria proliferate, or a commemorative plate or sign fixed on a wall or monument.

BUN

Blood Urea Nitrogen, a test measuring the amount of nitrogen in the blood in the form of urea, used to evaluate kidney function.

Mg/dL

Milligrams per deciliter, a unit of measurement commonly used in medical lab tests to express the concentration of substances in blood.