Accounting · Valuation of Goodwill

Which of the following is NOT a major factor affecting the value of goodwill of a firm?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Management efficiency of non-competing external firms✓
2Market demand and competition
3Favorable location of business
4Nature of business

Correct answer

Management efficiency of non-competing external firms

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Which of the following is NOT a major factor affecting the value of goodwill of a firm?

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Which of the following is NOT a major factor affecting the value of goodwill of a firm?

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