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A transaction or other event in which an acquirer obtains control of one or more businesses
A transaction or other event in which an acquirer obtains control of one or more businesses
business combination
Definition of control
Definition of control
investor controls an investee
How may percentage should the acquiree acquired to have control
How may percentage should the acquiree acquired to have control
more than 50%
Business combinations are accounted for using the :
Business combinations are accounted for using the :
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the entity thay obtains control of the acquiree
the entity thay obtains control of the acquiree
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the business that the acquirer obtains control of in a business combination
the business that the acquirer obtains control of in a business combination
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date on which acquirer obtains control of the acquiree
date on which acquirer obtains control of the acquiree
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How should long term debt of the acquired company generally be recognized on acquisition date
How should long term debt of the acquired company generally be recognized on acquisition date
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how should the excess fair value be reported
how should the excess fair value be reported
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the cost of issuing equity securities in business combination
the cost of issuing equity securities in business combination
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costs of issuing debt securities
costs of issuing debt securities
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A business combination is accounted for properly as an acquisition. Direct costs of combination other than registration and issuance costs of equity securities, should be:
A business combination is accounted for properly as an acquisition. Direct costs of combination other than registration and issuance costs of equity securities, should be:
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PDX Corp. acquired 100% of the outstanding common stock of Sea Corp. in an acquisition transaction. The cost of the acquisition exceeded the fair value of the identifiable assets and assumed liabilities. The general guidelines for assigning amounts to the inventories acquired provide for:
PDX Corp. acquired 100% of the outstanding common stock of Sea Corp. in an acquisition transaction. The cost of the acquisition exceeded the fair value of the identifiable assets and assumed liabilities. The general guidelines for assigning amounts to the inventories acquired provide for:
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Which of the following expenses related to the business combination should be included, in total, in the determination of net income of the combined corporation for the period in which the expenses are incurred?
Which of the following expenses related to the business combination should be included, in total, in the determination of net income of the combined corporation for the period in which the expenses are incurred?
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Easton Company acquired Lofton Company in a business combination. Easton was able to acquire Lofton at a bargain price. The fair value of the net identifiable assets acquired exceeded the consideration transferred to Lofton. After revaluing noncurrent assets to zero, there was still some
"negative goodwill." Proper accounting treatment by Easton is to report the amount as
Easton Company acquired Lofton Company in a business combination. Easton was able to acquire Lofton at a bargain price. The fair value of the net identifiable assets acquired exceeded the consideration transferred to Lofton. After revaluing noncurrent assets to zero, there was still some "negative goodwill." Proper accounting treatment by Easton is to report the amount as
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Goodwill may be capitalized
Goodwill may be capitalized
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A contingent liability assumed in a business combination is recognized
A contingent liability assumed in a business combination is recognized
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