In the business world, women are considered equal to men in all cultures

Indicate whether the statement is true or false.

F

Business

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The reason goodwill is sometimes referred to as a master valuation account is because

a. it represents the purchase price of a business that is about to be sold. b. it is the difference between the fair value of the net tangible and identifiable intangible assets as compared with the purchase price of the acquired business. c. the value of a business is computed without consideration of goodwill and then goodwill is added to arrive at a master valuation. d. it is the only account in the financial statements that is based on value, all other accounts are recorded at an amount other than their value.

Business

Some states have implemented ________ insurance programs that do not hold a specific driver liable for causing an accident

Fill in the blank(s) with the appropriate word(s).

Business