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متابعة

Which of the following statements about goodwill is true?

a. The amount of goodwill is measured by subtracting the amount paid for assets from their fair market value on the purchase date.

b. The amount of goodwill is recorded as an asset.

c. Recording impairment of goodwill reduces the amount of net income.

d. All of the above.

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تم إضافة السؤال من قبل Shahbaz Hayder , Group Head of Finance , Sharif Group of Companies
تاريخ النشر: 2015/07/08
Shahbaz Hayder
من قبل Shahbaz Hayder , Group Head of Finance , Sharif Group of Companies

Yes, Option D is the right answer.

mehfooz alam khan habib khan
من قبل mehfooz alam khan habib khan , Security Incharge , Landmark Group (Emax)

Yes option D is right answer. Because goodwill is excessive amount that is paid with fair value of purchase assets, and its intangible assets, and when its impairment incurred then its reduced from income statement befor tax.

Ahmed kandil
من قبل Ahmed kandil , Cost Controller , Battour Holding Cpompany

Answer D is the correct answer Thank you

shobha shobha
من قبل shobha shobha

Answer is option D..................................................................

Feroz Bandukra
من قبل Feroz Bandukra , Finance Controller , Avenir Technologies FZE

All statement is true thus D is correct answer. 

Shazia Anees
من قبل Shazia Anees , Assistant Manager Finance , Arham Trading Company

d. All of the above.===============

Saurabh Aggarwal
من قبل Saurabh Aggarwal , Associate Manager , Ernst & Young LLP

All the given statements are true for goodwill. Thus correct answer is option (d) all of above.

Zehab Osman
من قبل Zehab Osman , Accountant , Aldar Consultancy Co.

D---------------------------------------------------

Ahmed El Minayer
من قبل Ahmed El Minayer , Chief Accountant , Freight Solutions Logistics services

ANSWER ID D ALL OF THE ABOVE

Haytham Ahmed
من قبل Haytham Ahmed , باحث قانونى , Prosecution GENERAL

The correct answer from my point of view is ( D ) .

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