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Question 44

In the purchase of a business, a buyer has paid more than the value of the net assets of the business. The excess payment is referred to as

  • A.Bonus
  • B.Goodwill
  • C.Net profit
  • D.Premium
Objective

Question details

Exam body
WAEC
Subject
Accounts - principles of accounts
Year
2016
Question no.
#44
Type
Objective
Previous · Q43Which of the following expenses is apportioned between departments based on… Next · Q45 Assets which are readily convertible into cash are termed as

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