What is called the excess of purchase price over fai... - Solved MCQs & Answer

4039EconomicsMedium

What is called the excess of purchase price over fair market value of net assets that are acquired under the purchase method of accounting?

ABonus

BUpgradation

CGoodwill

DUp level

Correct answer

C. Goodwill

Explanation

The correct answer is Goodwill.

Related Economics MCQs

View all 4520 MCQs →

MCQ #4041

Refers to Exhibit 4. Suppose the economy is operating in a recession such as point B in Exhibit 4. If policy makers wished to move output to its long run natural rate they should attempt to?

Ans: shift aggregate demand to the rightRead →

MCQ #4037

Which of the following is not an instrument of monetary policy?

Ans: TaxationRead →

MCQ #4042

Total population of livestock in Pakistan is?

Ans: 122.6 millionRead →

MCQ #4036

Which of the following countries is the leading producer of wheat?

Ans: ChinaRead →

MCQ #649

Which of the following is an agricultural produce of Taiwan?

Ans: RiceRead →

MCQ #1779

In sociological studies of race and ethnic relations________?

Ans: minority refers to an oppressed groupRead →