English Technical Terms Series Part 3: Corporate Accounting Answer

Very good accounting terminology

Goodwill."

meaning of "goodwill" in accounting terms

 

Did you understand the meaning of the accounting term "goodwill"?

 

The correct answer was "goodwill.

 

The example in the quiz section is

amortization of goodwill

is the amortization of goodwill.

amortization of goodwill.

 

Goodwill and other intangible assets

is the amortization of goodwill.

Goodwill and other intangible assets

 

is used as in the following example.

Well, it is based on goodwill because of a certain partnership as seen in the "goodwill split" of the store.

So, please look forward to the next installment!