Practicing Success
Practicing Success
CUET Preparation Today
| Goodwill falls under which category of assets as per Schedule III of the Companies Act 2013? |
Current Assets Liquid Assets Intangible Assets None of these |
| Intangible Assets |
| Goodwill is an intangible asset that is associated with the purchase of one company by another. Specifically, goodwill is the portion of the purchase price that is higher than the sum of the net fair value of all of the assets purchased in the acquisition and the liabilities assumed in the process. |
