Match the descriptions with their terms:
-Can be identified only with a business as a whole.
A) Gain on disposal
B) Loss on disposal
C) Trademark
D) Finance lease
E) Asset turnover
F) Average useful life
G) Goodwill
H) Agricultural assets
I) Intangible asset
J) Research costs

Question

Quizplus · Accepted Answer

Goodwill is an intangible asset that can only be identified with a business as a whole, representing the value of a company's brand name, customer relationships, employee relations, and any patents or proprietary technology.

Match the Descriptions with Their Terms