Which Statement Is Not Correct

question 5

Multiple Choice

Which statement is not correct?

• A)Goodwill equals the purchase price less the fair value of net assets acquired.
• B)Intangible assets can be purchased or internally created.
• C)Economic goodwill equals accounting goodwill and can be created by branding.
• D)Intangible assets are identifiable assets without physical substance.

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Definitions:

Allele

One of two or more alternative forms of a gene that arise by mutation and are found at the same place on a chromosome.

XYY Sex Chromosomal

Refers to a genetic condition in which a male has an extra Y chromosome, often associated with tall stature but typically without significant physical or mental disabilities.

Language Development

The way in which toddlers begin to make sense of and communicate in language throughout their early years.

Positive Correlation

A relationship between two variables in which one variable increases as the other variable increases.