Multiple Choice
When there is a change in the current partners' association that results in ending the existingagreement and initiate a formation of a new agreement is known as
A) Revaluation of Partnership
B) Reconstitution of Partnership
C) Realisation of Partnership
D) None of the Above
Correct Answer:
Verified
Correct Answer:
Verified
Q4: Goodwill is nothing more than probability that
Q5: The total capital employed in the company
Q6: Goodwill is defined as<br>A)Intangible asset<br>B)Fictitious asset<br>C)Current asset<br>D)Liquid
Q7: When there is no Goodwill Account in
Q8: A unique name of symbol or design
Q10: At the time of admission of a
Q11: A firm's goodwill is not affected by<br>A)Location
Q12: The value of Intangible assets is -------------
Q13: Following are forms of Intangible assets.<br>A)Brand, Goodwill,
Q14: Intangibility refers to ------------------<br>A)Economic benefit<br>B)Absence of future