Which of the following is not an intangible asset arising from a government grant? Trademark Patent...
Which of the following is not an intangible asset arising from a government grant?
| Trademark |
| Patent |
| Goodwill |
| Trade name |
Homework Answers
The answer is “Goodwill”.
Explanation: Goodwill arises from operating a business over time and by providing customers with value added goods and services. It does not arise and cannot arise from a government grant.
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