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 Audit interview questions  Audit Interview Questions
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 Accounting General interview questions  Accounting General Interview Questions
 Accounting AllOther interview questions  Accounting AllOther Interview Questions
Question
what is goodwill?
goodwill what kind of asset for the company?tangible or 
intangible asset?
how much improtant for the company?
 Question Submitted By :: Md Asif Ali
I also faced this Question!!     Rank Answer Posted By  
 
  Re: what is goodwill? goodwill what kind of asset for the company?tangible or intangible asset? how much improtant for the company?
Answer
# 1
ans1:goodwill is an fixed asset(intangible asset)
though it can not be seen or touched but can be feel in the
form of repo of the company. goodwill gives benefit for
long period of time

ans2
good will: (accounting) an intangible asset valued
according to the advantage or reputation a business has
acquired (over and above its tangible assets)
good will: the friendly hope that something will succeed
grace: a disposition to kindness and compassion; "the
victor's grace in treating the vanquished"
ans3:
Goodwill arises when a company buys another business at a
price greater than the book value....more on Goodwill
 
Is This Answer Correct ?    15 Yes 0 No
Md Asif Ali
 
  Re: what is goodwill? goodwill what kind of asset for the company?tangible or intangible asset? how much improtant for the company?
Answer
# 2
goodwill means reputaion of the company. it is same thing
of intengible assets.those assets we can not seen and can
not touch that is called intengible asset.it is very
important to grow repo of the company.
 
Is This Answer Correct ?    6 Yes 0 No
Sheetal Kumar Garg
 
 
 
  Re: what is goodwill? goodwill what kind of asset for the company?tangible or intangible asset? how much improtant for the company?
Answer
# 3
Good Will is nothing more then the profitabliity of Compny,
Its our Intangible fixed asset
comapny criteria depend on goodwill
 
Is This Answer Correct ?    0 Yes 1 No
Sajjad1
 
  Re: what is goodwill? goodwill what kind of asset for the company?tangible or intangible asset? how much improtant for the company?
Answer
# 4
goodwill is an intangible asset
 
Is This Answer Correct ?    0 Yes 1 No
Shiva Shankar
 

 
 
 
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