How is a negative goodwill reported on the Consolidated Statement of financial position? (a) As a negative
Question:
How is a negative goodwill reported on the Consolidated Statement of financial position?
(a) As a negative asset – i.e. shown on the asset side but as a deduction
(b) As a reserve, which may preferably be titled a capital reserve
(c) Included fully in the Consolidated retained earnings
(d) A tenth of it is included in Consolidated reserves and the remainder reported as a reserve
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
c Included...View the full answer
Answered By
Umber Talat
I am providing full time mentoring and tutoring services in Business Finance, Contemporary issue in Global Economy, Quantitative Techniques, Principles of Marketing, strategic marketing, International Marketing, Organizational Behavior (OB), Consumer Behavior, Sales Force Management, Strategic Brand Management, Services Marketing, Integrated Marketing Communication (IMC), Principles of Management, General Management, Strategic Management, Small and Medium Enterprise Management, Innovation Management, Change Management, Knowledge Management, Strategic Planning, Operations Management, Supply Chain Management, Logistics Management, Inventory management, Total Quality Management (TQM), Productions Management, Project Management, Production Planning, Human Resource Management (HRM), Human Resource Development, Strategic HRM, Organizational Planning, Performance and Compensation Management, Recruitment and Selection, Organizational Development, Global Issues in Human Resource Management, Retail Marketing, Entrepreneurship, Entrepreneurial Marketing, International Business, Research Methods in Business, Business Communication, Business Ethics.
158+ Reviews
236+ Question Solved
Related Book For 
Financial Accounting An Introduction
ISBN: 9780273737650
2nd Edition
Authors: Mr Barry Elliott, Mr Augustine Benedict
Question Posted:
