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P1 C3 VALUATION OF GOODWILL — Elements of Account STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceElements of AccountP1 C3 VALUATION OF GOODWILL1 Mark
MCQ
When average profit is more than expected profit, then such additional profit is called$……….$
  • ✓
    Super profit
  • B
    Average profit
  • C
    Capitalised profit
  • D
    Real profit
✓

Answer

Correct option: A.
Super profit

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