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Which of the following cannot be realized?


Question

Which of the following cannot be realized?

Options

A) creditors

B) debtors

C) motor vehicles

D) goodwill

The correct answer is D.

Explanation:

Good will being an intangible asset cannot be seen or touched and are just believed to exist goodwill can only be valued to be a certain amount, the realizable value becomes a difficult task.

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Dicussion (1)

  • Good will being an intangible asset cannot be seen or touched and are just believed to exist goodwill can only be valued to be a certain amount, the realizable value becomes a difficult task.

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