Please help me--accounting?

[crazecheeca]

i think that the answer is B but im second guessing myself thinking it is all the above
The intangible asset "Goodwill"?
a. represents the manaement team's assessment of its value to the company
b. may arise when one company purchases another company
c. arises becaus the market of a company's asets is greater than the cost
d. all of the above are correct.

thank you in advance

[carrot99]

Google says B

Goodwill is an accounting term used to reflect the portion of the book value of a business entity not directly attributable to its assets and liabilities; it normally arises only in case of an acquisition.

[carrot99]

I'll try again - Google says B.

Goodwill is an accounting term used to reflect the portion of the book value of a business entity not directly attributable to its assets and liabilities; it normally arises only in case of an acquisition.

[carrot99]

it wasn't there - honest!