A

Admin • 831.35K Points
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Q. In accounting, goodwill is classified as:

  • (A) Tangible Asset
  • (B) Current Asset
  • (C) Fictitious Asset
  • (D) Intangible Asset
  • Correct Answer - Option(D)
  • Views: 15
  • Filed under category Accounting
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Explanation by: Admin
Goodwill is an intangible asset as it has no physical existence.

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