Chapter 2: Goodwill
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Goodwill ensures:
2 / 50
Goodwill is credited in ratio of:
3 / 50
Premium for goodwill is:
4 / 50
Goodwill is adjusted without raising account means:
5 / 50
Gaining ratio is used in:
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When goodwill appears in books:
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Goodwill is written off among:
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Goodwill is debited to:
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Hidden goodwill arises when:
10 / 50
Hidden goodwill is:
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If goodwill is paid privately:
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Goodwill is credited to:
13 / 50
Sacrificing ratio is used for:
14 / 50
New partner brings goodwill for:
15 / 50
Goodwill is adjusted through:
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Goodwill is highest when:
17 / 50
Capitalisation value =
18 / 50
Super profit depends on:
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Goodwill is multiplied by:
20 / 50
Average profit excludes:
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Capitalisation of super profit uses:
22 / 50
If super profit is zero, goodwill is:
23 / 50
Goodwill increases when:
24 / 50
Higher weight is given to:
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Weighted average method considers:
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Goodwill under capitalization =
27 / 50
Capitalisation method is based on:
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Capital employed includes:
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Normal Profit =
30 / 50
Super profit method is based on:
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Super Profit =
32 / 50
Abnormal gain is:
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Abnormal loss is:
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Formula: Goodwill = Average Profit × ?
35 / 50
Average Profit Method is based on:
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Goodwill is considered:
37 / 50
Goodwill depends on:
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Goodwill is based on:
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Goodwill is valued to compensate:
40 / 50
When goodwill already exists in books, it is:
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Goodwill is an example of:
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Self-generated goodwill is:
43 / 50
Purchased goodwill is:
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Goodwill is shown in Balance Sheet as:
45 / 50
Goodwill arises due to:
46 / 50
Goodwill is valued when:
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Which is NOT a factor affecting goodwill?
48 / 50
Goodwill helps business to earn:
49 / 50
Goodwill represents:
50 / 50
Goodwill is:
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