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Question
The reputation of a business expressed in terms of money.
The reputation of a business expressed in terms of money.
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Solution
The correct option is C Goodwill
Business goodwill is a key intangible asset that represents the portion of the business value that cannot be attributed to other business assets. The value of a company brand name, solid customer relations, good employee relations and patents represent value.
Business goodwill is a key intangible asset that represents the portion of the business value that cannot be attributed to other business assets. The value of a company brand name, solid customer relations, good employee relations and patents represent value.
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