pencil-icon
Build your own quiz

Business, Other

12th

grade

Image

Valuation of Goodwill, for class XII as per CBSE 2021-22

27
plays

15 questions

Show Answers
See Preview
  • 1. Multiple Choice
    2 minutes
    1 pt

    Goodwill is _____

    Tangible Asset

    Intangible Asset

    Fictitious Asset

    Both Intangible and Fictitious Asset

  • 2. Multiple Choice
    2 minutes
    1 pt

    Goodwill of the firm on the basis of 2 years' purchase of average profit of the last 3 years is Rs. 25,000. Find average profit.

    Rs. 50,000

    Rs. 25,000

    Rs. 10,000

    Rs. 12500

  • 3. Multiple Choice
    2 minutes
    1 pt

    What are super profits

    Actual profit – Normal Profit

    Normal Profit - Actual profit

    Actual profit + Normal Profit

    None of the above

  • Answer choices
    Tags
    Answer choices
    Tags

    Explore all questions with a free account

    Already have an account?