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The Value That Has Been Paid for a Company That

question 145

True/False

The value that has been paid for a company that exceeds the value of its net tangible assets is known as goodwill.


Definitions:

Decades

Periods of ten years.

Continuous

Uninterrupted in time, sequence, substance, or extent; without cessation or gaps.

Discontinuous

Characterized by interruptions or gaps, not having a steady or unbroken progression.

Multidimensional

Characterized by involving or having several dimensions or aspects.

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