Question : Which of the following is not true in relation to Goodwill?

Option 1: It is an intangible asset

Option 2: It is a fictitious asset

Option 3: It has a realisable value

Option 4: All of these

Question : Choose Which of the following statements is incorrect in respect of goodwill?
 

Option 1: Fictitious asset

Option 2: An intangible asset

Option 3: Both 1 and 2

Option 4: None of the above

Question : Goodwill and copyright are examples of which assets?

Option 1: Liquid asset

Option 2: Current asset

Option 3: Fixed asset

Option 4: Intangible asset

Question :

A charge created on definite assets of a permanent nature, such as land, building, machinery, etc., is known as-------------

Option 1: Fixed charge 

Option 2: Floating Charge

Option 3: Interest 

Option 4: Fixed assets 

Question : These assets provide little or low return. Which type of asset is highlighted in the given statement?

Option 1: Fixed asset

Option 2: Tangible asset

Option 3: Current asset

Option 4: Intangible asset