Businesses Are Allowed to Record Goodwill

question 101

Multiple Choice

Businesses are allowed to record goodwill:

• A)when they enjoy an outstanding reputation and loyalty with customers.
• B)if they acquire another company at a price higher than the market value of its net assets.
• C)when they continue the business of an acquired company.
• D)if their market value has increased enormously in the recent past.

---

Definitions:

Shaping

A method of behavior training in which successive approximations toward a target behavior are reinforced.

Learning Strategy

An approach or technique employed to facilitate the acquisition, retention, and application of knowledge or skills.

Realistic Goal

An achievable, specific, and clearly defined objective set by an individual, considering their current resources and constraints.

Desired Behavior

A target behavior that is identified for change or reinforcement in a positive direction.