QUESTION 13 0.5 points The Net Ruokable Values considered the ceiling or the upper bound that prevents inventory from being valued at amount higher than what the company could reasonably sol O True False QUESTION 14 6 points savo Which statement regarding goodwidis true? Goodwil is an unidentifiable intangible asset Internally developed goodwill should be captured while purchased goodwill should be expensed Goodwill can be defined as the value attached to the ability of a company to cam a higher than normale of return on the book value of the In some situations, GAAP and IFRS requires that negative goodwill be recorded assets