The value of goodwill of the business willbe the highest if the majority of the customers of the firm are of the nature of A. Cars B. Dogs C. Horses D. Bull
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- Goodwill can be recorded a. when the company has exceptional management b. when the companty acquired a good location for its business c. when costumers keep returning because they are satisfied with the company's products d. only when there is a purchase of an entire business5. What must happen for goodwill to be recorded as an asset on an accounting balance sheet? Group of answer choices A company has a good reputation A company buys another company for more than the value of the individual assets and liabilities A company has good brands A company does good deedWhat support does Finance teams need to give a customer-oriented company a. Link size of client to customer value b. Not interfere in any activity c. Pricing, taxation and collection data d. Pay salaries on time
- 1. Ethical behaviour creats the kind of goodwill and reputation that expands a company’ opportunities for profit? Explain with example.Choose the correct statement about objectives of Financial Management: O a. Timely payment of wages is Operational objective O b. All of these O c. Fair settlement with suppliers is Social objective O d. Safety of investments is Social objectiveAmong the best things to do to maintain firm value is to: a. Improve sales at all costs b. Spend as much as possible on public relations and marketing C. Economize on employee training programs d. In so far as possible, make costs reactive to sales e. Wait until the last moment to pay bills
- Customers must be enticed to buy from them by offering a variety of perks and advantages, and they must also take efforts to keep them loyal to the company. When it comes to the financial system, how can this issue be resolved_______________________________ is generally referred as a parameter to check/test the efficiency of the business concern. Select one: A. Assets B. Liabilities C. Profit D. CapitalA firm's manager must decide whether to make buy a certain item
- Solve all questions Economic enterprises, each for profit and noncommercial, generate revenues through business processes that represent their revenue cycle. In its simplest kind, the revenue cycle is that the direct exchange of finished merchandise or services for take advantage one dealing between a trafficker and a customer. a. Distinguish between a packing slip, a shipping notice and a bill of shipment. b. All the businesses should have separate department for storage and shipping for his or her business operation. Discuss. c. Discuss however the character of the mandatory control options is laid low with shift from a manual system to an oversized scale laptop based mostly method of accounting.Assume you are proprietor of any firm you like. Briefly describe the products or servicesyour firm will offer for sale. Would you extend trade credit to your customers? Why orwhy not? How will this decision affect your sales and profits? If you choose to extendcredit, how would you ensure that your firm is paid by its customers?The objective of Human resource accounting in the modern organizations is to____ a. Attract the employees b. All of the given options c. Attract the investors d. Asset valuation