_____ is an Intangible Asset.
Q.1 (A) (i) _____ is an Intangible Asset.
A. Goodwill
B. Stock
C. Cash
D. Furniture
Q.1 (A) (i) _____ is an Intangible Asset.
A. Goodwill
B. Stock
C. Cash
D. Furniture
Best answer
Answer: A. Goodwill
Answer: (a) Goodwill
Goodwill has no physical existence but has value because of the firm's reputation and earning capacity, so it is an intangible asset. Stock, cash and furniture are tangible assets.
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