Goodwill Can Best Be Described As

question 41

Multiple Choice

Goodwill can best be described as:

• A)The difference between the acquisition price and the fair value of the net assets acquired)
• B)The difference between the acquisition price and the fair value of the net assets acquired,when the Purchase Price exceeds the fair value of the net assets acquired)
• C)The difference between the acquisition price and the acquirer's pro rata share of the fair value of the net assets acquired)
• D)Any unallocated portion of the difference between the acquisition price and the fair value of the net assets acquired)