mock exam help

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    joseph89
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    • Topics: 14
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    In bpp study text tests there is one question
    39 Goodwill should never be shown on the statement of financial position of a partnership.
    Is this statement true or false?
    A True
    B False
    the answer is 39 A Goodwill is usually brought in under the old PSR and written off in the new PSR. so it says that it’s true
    but in bpp revision kit in mock exam 3 the same question has answer that it’s false.
    which is correct ?


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    littlestart
    Participant
    • Topics: 9
    • Replies: 52

    the bpp answer is wrong. The correct answer is False


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    joseph89
    Participant
    • Topics: 14
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    but it is said in exam focus point that Goodwill should not be left in the statement of financial position.


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    jonyrazib
    Participant
    • Topics: 1
    • Replies: 2

    The correct answer is False

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