Which of the following statement is true?
A. Goodwill is an intangible asset
B. Good will is a current asset
C. Goodwill is a fictitious asset
D. Good will cannot be acquired
Answer:A
Which of the following statement is true?
A. Goodwill is an intangible asset B. Good will is a current asset C. Goodwill is a fictitious asset D. Good will cannot be acquired