Question

Q3. Which of the following factors help in generation of self-generated goodwill? a) Hardwork of organisation b). Better quality products c) Better customer services d)
All of the above​

Answer 1

Answer:

All Of The Above

Explanation-

Self-generated or Inherent Goodwill is the value of business in excess of the fair value of it's net tangible assets. It arises over a period of time due to the good reputation of the firm. A cost cannot be placed on this type of goodwill. It is never recorded in the books of accounts. The valuation of this type of goodwill depends entirely on the judgement of the valuer

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