Question

Q6.
Monetary value of reputation of a company measured in terms of future earning capacit
(A)
Trademark
(B)
Brand Value
(C)
Goodwill
(D)
Economic Value​

Answer 1

Answer:

C

Explanation:

In accounting, the monetary value of such advantage is known as "goodwill". It is regarded as an intangible asset. In other words, goodwill is the value of the reputation of a firm in respect of the profits expected in future over and above the normal profits.