Question 13:
Goodwill is
an intangible asset
current asset
current liability
Non-current liability
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0
Answer:
No, goodwill is not a current asset. Goodwill is an intangible asset, meaning that it is not associated with a physical item like a building or piece of equipment. Intangible assets are never considered current assets, no matter the period for which they provide economic value.
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Goodwill is an intangible asset.
For more information
Goodwill is considered as an intangible (or non-current) asset because it is not a physical asset like buildings or equipment.
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