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A business was acquired for one Million USD and its value as per books is 0.8 million. The difference of 0.2 million is termed as

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A business was acquired for one Million USD and its value as per books is 0.8 million. The difference of 0.2 million is termed as goodwill and it records the assets and liabilities at the price have paid for the business. Name this concept. a. Money Measurement concept b. Cost concept c. Business entity Concept d. None of the above Clear my choice Theories and models in the social sciences differ from theories in the pure sciences because: a. Theories about human behavior cannot be expected to apply all the time, like some natural science theories, b. Not all theories in social science have predictions that can be tested c. All of the given options are correct d. A number of theories may be available to describe, or provide a different perspective on, a particular phenomenon

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