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  2. Topic
    Business
  3. Study Set
    Company Accounting
  4. Exam
    Exam 15: Investments in New Assets; Introduction to Business Combinations and Associates
  5. Question
    Goodwill Is Defined as Future Economic Benefits Arising from Assets
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Goodwill Is Defined as Future Economic Benefits Arising from Assets

Question 3

Question 3

True/False

Goodwill is defined as future economic benefits arising from assets that are not capable of being individually identified and separately recognised.

Correct Answer:

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