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Which accountants do not recognise internally generated

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Reference no: EM132774735

Problem 1: Accountants do not recognise internally generated goodwill because:

Select one:

a. it is not a partnership asset.
b. it cannot be measured reliably.
c. it is immaterial.
d. it will not provide a future economic benefit.

Problem 2: A capitalisation ratio of 2:1 compared to 2.5:1 means:

Select one:

a. a greater dependency on debt.
b. a higher level of equity.
c. a lesser dependency on debt.
d. a lower level of gearing.

Reference no: EM132774735

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