Which of the following statement is correct?
A. Goodwill is a fictitious asset.
B. Goodwill is a current asset.
C. Goodwill is a wasting asset.
D. Goodwill is an intangible asset.
Answer:D
Which of the following statement is correct?
A. Goodwill is a fictitious asset. B. Goodwill is a current asset. C. Goodwill is a wasting asset. D. Goodwill is an intangible asset.