Post Utme Futo 2021 Accounting Question 31

Practice objective / multiple choice question 31 from the 2021 Post Utme Futo Accounting examination.

Post Utme Futo 2021 Accounting Objective / Multiple Choice
Question 31 POST_UTME_FUTO • 2021 • ACCOUNTING • objective

In a partnership account, what is the correct method of valuing the goodwill of a partnership?

Answer Options

A. Average Profit Method
Correct Answer B. Super Profit Method
C. Capitalization Method
D. Net Asset Method
Correct Answer
B
Correct Option:
Super Profit Method

About This Question

This is Post Utme Futo 2021 Accounting Question 31. It is one of the objective questions from the 2021 Post Utme Futo Accounting examination.

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