Goodwill is:
a. only recorded by the seller of a business.
b. the value of a business as a whole, over and above the value of its net identifiable assets.
c. amortized over the greater of its estimated life or forty years.
d. recorded when created internally through advertising expense.

Elon musk is the ceo of tesla motors. musk also serves as chairman of tesla's board. according to corporate governance theory, which of the following is a logical reason why musk should serve on the board? 1. he serves on many other boards, including that of a major client of tesla.2. his is an independent director who is well positioned to monitor the company's management.3. he can easily fire board members that are shirking their duties.4. he can provide the board with valuable inside information about the firm and the industry.

Actual usage for the year by the marketing department was 70,000 copies and by the operations department was 330,000 copies. if a dual-rate cost-allocation method is used, what amount of copying facility costs will be budgeted for the operations department?

What is the sequence of events that could lead to trade surplus