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  • Question 1
    1 / -0

    Factor(s) affecting the value of goodwill is/are _____________.

  • Question 2
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    Goodwill means ___________.

  • Question 3
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    Liquidation expenses paid by the transferee company is debited to _________.

  • Question 4
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    The excess of purchase consideration over net assets of the transferor company acquired by the transferee company should be recognized as ________ in purchase method.

  • Question 5
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    ________  may be defined as the value of the reputation of the firm.

  • Question 6
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    During the reconstitution of partnership firm, _________ is valued.

  • Question 7
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    _______ is an intangible asset which arises on acquisition or is internally generated.

  • Question 8
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    Under which of the following methods of capitalization Goodwill = Capitalised Value of Firm(avg profit) - NET Assets(capital employed).

  • Question 9
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    Under ___________ method Goodwill is valued at the agreed number of years purchase of the average profits of the past few years.

  • Question 10
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    If, average profit during last few years is $$Rs.100000$$, NRR is $$10$$%. Ascertain the value of goodwill by capitalisation of average profit method if total assets are $$Rs.1500000$$ and liabilities $$Rs.680000$$.

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