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Detecting Accounting Fraud 1st Edition by Cecil Jackson
Edition 1ISBN: 978-0133078602Detecting Accounting Fraud 1st Edition by Cecil Jackson
Edition 1ISBN: 978-0133078602 Exercise 4
Answer the question with T for true or F for false for more practice with key terms and concepts from this chapter.
When goodwill on the acquisition of a company relates to a company that does not have or is unlikely to have a supernormal return on assets, it is a signal that the stated goodwill may be fictitious.
When goodwill on the acquisition of a company relates to a company that does not have or is unlikely to have a supernormal return on assets, it is a signal that the stated goodwill may be fictitious.
Explanation
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According to an economist, "goodwill" ha...
Detecting Accounting Fraud 1st Edition by Cecil Jackson
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