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Goodwill Represents the Future Benefits of Unidentifiable Assets

Question 50

Multiple Choice

Goodwill represents the future benefits of unidentifiable assets. Which of the factors listed below contribute to the value of goodwill?
I.Favourable location
II. Efficient manufacturing
III. Good customer relations
IV. Staff skills and experience


A) I, II and IV.
B) II and III.
C) II and IV.
D) I, II, III and IV

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