In Accounting Terms,what Is Goodwill

question 7

Multiple Choice

In accounting terms,what is goodwill?

• A)the actions a company takes to foster the development of social responsibility
• B)the charitable contributions made by a company
• C)the excess of the cost of an acquired company over the sum of the fair market values of its identifiable assets less its liabilities
• D)the excess of the cost of an acquired company over the sum of the fair market value of its identifiable assets

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