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Tech A states that hybrid vehicles use high voltage to power the traditional starter motor to allow it to crank the engine over faster. Tech B states that some hybrids will have two starter motors, one high voltage, one 12 volts. Who is correct?
Goodwill
An intangible asset that arises when a business is acquired for more than the fair value of its net identifiable assets.
Goodwill
An intangible asset that represents the excess value of a company above its tangible assets and liabilities, often arising from factors such as brand reputation, customer relationships, and intellectual property.
Required Disclosure
Information that companies are mandated to provide in their financial statements to ensure transparency and adherence to accounting standards and regulations.
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