What Is an Intangible Asset That Is Made Up of the Favor

question 2

Multiple Choice

What is an intangible asset that is made up of the favor or reputation of an individual or organization?

• A)competence
• B)caring
• C)goodwill
• D)public relations
• E)trustworthiness

---

Definitions:

Net Increase

The total amount by which a value or quantitative measure has grown compared to a previous measurement or period.

Dividends

Payments made by a corporation to its shareholders, usually in the form of cash or additional stock, from its earnings.

Fiscal Year

A 12-month period used for accounting purposes and preparing financial statements, which may or may not align with the calendar year.

Cash Dividend Payment

A distribution of a company's earnings declared by the board of directors to its shareholders in the form of cash.