Question: 8 3 . 7 5 points Goodwill can be recorded as an asset when: A business is acquired, and payment is made in excess of

8
3.75 points
Goodwill can be recorded as an asset when:
A business is acquired, and payment is made in excess of the market value of the identifiable net assets
A business has above normal profitability compared to other businesses in its industry
A business can determine that it has created customer goodwill and name recognition
8 3.75 points Goodwill can be recorded as an asset when:

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