05 points SG QUESTION 13 The Net Realeable Value is considered the ceiling or the upper bound that prevents inventory from being valued at amount higher than what the company could True False reasonably set QUESTION 14 05 points Which statement regarding goodwill is true? Goodwa is an unidentifiable intangible asset Internally developed goodwil should be capitalized while purchased goodwill should be expensed Goodwill can be defined as the value attached to the ability of a company to earn a higher than normal rate of return on the book value of its contable ots In some situations. GAAP and IFRS requires that negative goodwill be recorded