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Home › Bihar Board Class 12 (Commerce) › Accountancy › Accounting for Partnership Firms: Goodwill › High productivity and cost efficiency in a firm …

High productivity and cost efficiency in a firm point to which goodwill factor?

AEfficiency of management
BMarket situation
CSpecial advantages
DLocation of the shop
Answer & Solution
Correct answer: A. Efficiency of management
Good management brings higher productivity and lower costs, which produce higher profits and goodwill.
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