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Categories >> Accounting >> Accounting AllOther
 
 


 

 
 Audit interview questions  Audit Interview Questions (428)
 CompanyAffairs CS interview questions  CompanyAffairs CS Interview Questions (158)
 Taxation interview questions  Taxation Interview Questions (1904)
 Accounting General interview questions  Accounting General Interview Questions (2830)
 Accounting AllOther interview questions  Accounting AllOther Interview Questions (4369)
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 :: Accounting-AllOther
I also faced this Question!!     Answer Posted By  
 
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 ?    17 Yes 0 No
Md Asif Ali
 
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
 
 
 
Answer
# 3
GOODWILL IS THE REPUTATION OF THE COMPANY,
IT IS AN INTANGIBLE ASSET,
IT IS MOSTLY IMPORTANT FOR THE COMPANY BECAUSE GOODWILL CREATE COMPANY'S BRAND IMAGE NOT ONLY IN THE MIND OF CUSTOMER BUT ALSO ALL OVER THE WORLD.
 
Is This Answer Correct ?    0 Yes 0 No
Litu
 
Answer
# 4
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
 
Answer
# 5
goodwill is an intangible asset
 
Is This Answer Correct ?    0 Yes 1 No
Shiva Shankar
 

 
 
 
Other Accounting AllOther Interview Questions
 
  Question Asked @ Answers
 
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On which part we should give more attention while preparing balence-sheet. Taikisha 5
what is brs and why is it perpared? BoA 4
Interest of Rs.30000/- is received from deposits Tds of Rs 7500/- is deducted by the bank please pass the necessary entry for the same   4
what is the difference between cash system & mercantile system Mico 1
What is mean by Dis-investment Capital-IQ 4
Under what rate will be the Head office related accounts, like Head Office Current A/c, Goods from Head Office A/c, will be converted in case of Foreign Branch...??   1
WHAT IS THE BASIC PRINCIPLE WHICH INFORMS THE HEALTH OF A COMPANY THROUGH ACCOUNTS   1
Hi, I have SBH interview on 28th May, I want to know which general questions will be asked and how many candidates they have called? Syntel 2
what is tds rate 2009-10 for 1.contractors 2.commission 3.advertisement   3
what is the entry for accumulated depreciation?n why it is used?when it is necessary? OPI-Global 1
Which one is best to company either debt or equity? Capital-IQ 13
 
For more Accounting AllOther Interview Questions Click Here 
 
 
 
 
 


   
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