The intangible asset goodwill: A. represents the management team's assessment of its value to the company. B.

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The intangible asset "goodwill:"

A. represents the management team's assessment of its value to the company.

B. may arise when one company purchases another company.

C. arises because the market value of a company's assets is greater than cost.

D. all of the above are correct.

Related Book For answer-question

Intermediate accounting

ISBN: 978-0077647094

7th edition

Authors: J. David Spiceland, James Sepe, Mark Nelson

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Posted Date: Jan 02, 2024 02:36 AM

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The intangible asset goodwill: A. represents the management team's assessment of its value to the company. B.

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Intermediate accounting

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