Why should I choose AnalystNotes?

Simply put: AnalystNotes offers the best value and the best product available to help you pass your exams.

Find out more

Basic Question 6 of 7

________ measures the premium paid over market value to acquire an asset.

A. Reputed value
B. Goodwill
C. Patents
Check Answer Previous Q Next Q Print

User Contributed Comments 1

User Comment
wundac Goodwill: Intangible asset representing the difference between the purchase price of an asset and its fair market value. Ex: Goodwill is created when a bank pays a premium to acquire the assets of another bank in a take-over transaction
You need to log in first to add your comment.
You have a wonderful website and definitely should take some credit for your members' outstanding grades.
Colin Sampaleanu

Colin Sampaleanu

Learning Outcome Statements

explain the financial reporting and disclosures related to goodwill

CFA® 2024 Level I Curriculum, Volume 2, Module 3.