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easyMCQCUET Accountancy 2025 27 May Shift 22026Accountancy
1 mark

Which of the following is NOT a method of valuation of goodwill?

  1. A
    Capitalization Method
  2. B
    Adjusted Profit Method
  3. C
    Super Profit Method
  4. D
    Average Profit Method

Solution & Step-by-step Explanation

The standard accepted methods for the valuation of goodwill of a partnership firm are:Average Profit MethodSuper Profit MethodCapitalisation Method"Adjusted Profit Method" is not an independent method of goodwill valuation; rather, profits are adjusted for abnormal items before applying any of the three standard methods.

Practice this question

Try it yourself before checking the explanation above.

Which of the following is NOT a method of valuation of goodwill?
A
Capitalization Method
B
Adjusted Profit Method
C
Super Profit Method
D
Average Profit Method

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