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Goodwill is an intangible asset that represents the value of a company’s brand, reputation, and customer relationships. Goodwill is not a physical asset, and its value cannot be easily measured in monetary terms. Therefore, under the Money Measurement Concept in Accounting, goodwill is considered a non-monetary item that would not be recorded in the financial statements.
In the question below there are three statements followed by two conclusions I and II. You have to take the three given statements to be true even if t...
Statements:
All Players are Teams.
All Teams are Sports.
Only a few Sports are Games.
Only Games are Groups.
<...Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at variance...
Statement:
Each tiger is a lion.
Only a few lion are dogs.
Some dogs are cats
Conclusion:
1. All lions are tiger...
Statements:
All pinks are blacks
Only a few blacks are greens
Some greens are not whites
Only a few whites are orange
...Statement:
Some buckets are mugs.
Some mugs are tubs.
All tubs are plastics.
No plastics is a white.
Conclusion: <...
Statements-:
Some Reds are blues.
No Blues are white.
Some Blacks are white.
Conclusions-:
I. All black are def...
Statements-:
Some teachers are doctor
Some doctors are police
Some police are army.
Conclusions-:
I. Some Teach...
Three statements are given followed by three conclusions numbered I, II & Ill. Assuming the statements to be true, even if they seem to be at variance ...
Statements : No samsung is a micromax.
All sony are micromax.
Some nokia are samsung. <...