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    Financial Accounting
  4. Exam
    Exam 5: Goodwill and Intangible Assets
  5. Question
    Goodwill Is Nothing More Than Probability That the Old Customer
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Goodwill Is Nothing More Than Probability That the Old Customer

Question 4

Question 4

Multiple Choice

Goodwill is nothing more than probability that the old customer will resort to the old place. This definition of goodwill was given by:


A) Spicer and Pegler
B) ICAI
C) Lord Elton
D) AICPA

Correct Answer:

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