Goodwill Arising in a Business Combination Is Classified As

question 2

Multiple Choice

Goodwill arising in a business combination is classified as:

• A) an item in equity
• B) a liability
• C) an expense associated with the acquisition
• D) an asset

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Definitions:

Operations Strategies

Plans and policies developed to achieve efficient manufacturing, service delivery, and overall operational performance.

Operations Manager

Someone whose job is to guide, plan, and monitor the production process and modify organizational practices in the creation of goods or services.

Globalization

The process of interaction and integration among people, companies, and governments worldwide, driven by international trade and investment and aided by information technology.