A-LevelAccountingPreparation of financial statements9706/12 · May/June 2018 · Q101 Mark

What would not result in goodwill?

Agood reputation of a business

Bselling high quality products

Cselling products above market value

Dskill of the workforce

✓ Correct answer

C: selling products above market value

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Topic: Preparation of financial statements, A-Level Accounting (syllabus 9706). Multiple choice, 1 mark.
Source: A-Level Accounting, May/June 2018 Paper 1 Variant 2, question 10.

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