Challenger App

No.1 PSC Learning App

1M+ Downloads
Goodwill is classified as which one of the following assets?

ATangible

BIntangible

CCurrent

DFixed

Answer:

B. Intangible

Read Explanation:

.


Related Questions:

Which financial statements are commonly prepared in financial accounting?
Which group uses accounting information to evaluate the company’s ability to pay interest and repay loans?
Full form of IASB
Which of the following best defines a transaction in accounting?
Under ------ method, depreciation remains the same from year to year.