Practicing Success

Target Exam

CUET

Subject

Accountancy

Chapter

Admission of a Partner

Question:
Which of the following is not a method of valuation of Goodwill?
Options:
Revaluation Method
Average Profit Method
Super Profit Method
Capitalisation Method
Correct Answer:
Revaluation Method
Explanation:
The important methods of valuation of goodwill are as follows: 1. Average Profits Method 2. Super Profits Method 3. Capitalisation Method