Which of the following is not true in relation to goodwill?
Which of the following is not true in relation to goodwill?
a) It is an intangible asset.
b) It is a fictitious asset.
c) It has a realisable value.
d) All of these.
Anurag Pathak Changed status to publish April 18, 2023
Ans – b)
Goodwill is not a fictitious asset as it has a realisable value and help business to generate more profit with less effort.
Anurag Pathak Changed status to publish April 18, 2023
