Which intangible asset is recorded only as part of the acquisition of another? company?

a. Patent
b. Goodwill
c. Copyright
d. Franchise


Ans: b. Goodwill

Business

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Which of the following would not be included in the cash budget?

A. Ending cash balance B. Interest expense C. Receipts from customers D. Depreciation expense

Business

Identify the breakeven point in the graph given below.


A) O
B) B
C) E
D) D

Business

Which of the following is an incorrect statement regarding a joint venture?

A) Partnerships can form a joint venture. B) Corporations cannot form a joint venture. C) Individuals can form a joint venture. D) Joint ventures are a popular way for developing nations to attract foreign capital.

Business

What is the purpose of or the reason for purchasing insurance?

What will be an ideal response?

Business