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Questions
8RNYX9VJGZ
Target Exam
CUET
Subject
Accountancy
Chapter
Admission of a Partner
Question:
What type of asset is Goodwill?
Options:
Tangible Asset
Intangible Asset
Current Asset
Fictitious Asset
Correct Answer:
Intangible Asset
Explanation:
Goodwill is an intangible asset that is associated with the purchase of one company by another.
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