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 : An asset which is not fictitious, but intangible in nature having realizable value is known as

Option 1: Building 

Option 2: Goodwill

Option 3: Machinery

Option 4: Vehicle

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 : Aggregate supply = ________________
 

Option 1: Consumption 
 

Option 2: National income 
 

Option 3: Both of the above.
 

Option 4: None of the above.
 

Question : Increase in value of Goodwill means___________

Option 1: Goodwill purchased

Option 2: Non purchased goodwill ( self - Generated goodwill )

Option 3: Both 1 and 2

Option 4: None of the above