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The Monetary Value of Reputation of Business Is Called

Question 7

Multiple Choice

The monetary value of reputation of business is called

A) Goodwill
B) Suer profit
C) Surplus
D) None of the above

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Q2: Patent Royalty is based on A)Production B)Sales C)Purchase D)Both A and

Q3: The total capital employed in the company

Q4: The profits of the last three years

Q5: What is Royalty? A)A payment is made for

Q6: From the profits of previous three years,

Q8: A firm earns ?1,00,000. The normal rate

Q9: Goodwill is an intangible Assets A)True B)False C)none D)all

Q10: Goodwill be purchased A)True B)False C)none D)all

Q11: When does need valuation of Goodwill A)On retirement

Q12: Which methods of valuation of Goodwill A)Super profits B)Average