Multiple Choice
The statement about goodwill that is true is:
A) Goodwill can be purchased or sold as a separate item
B) Goodwill arises from many factors,such as customer confidence,superior management and a favourable location
C) Under IFRS 3/AASB 3 goodwill must be amortised
D) Goodwill is classified as a current asset
Correct Answer:
Verified
Correct Answer:
Verified
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