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    Survey of Accounting Study Set 7
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    Exam 7: Fixed Assets, Natural Resources, and Intangible Assets
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    Goodwill Refers to the Excess of Purchase Price of a Business
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Goodwill Refers to the Excess of Purchase Price of a Business

Question 96

Question 96

True/False

Goodwill refers to the excess of purchase price of a business over the fair value of its net assets.

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