1.6 Consolidation Accounting Flashcards

1
Q

In a business combination, the valuation of goodwill is a calculation

A. Of all of the unlimited life intangible assets
B. Of all of the increases in market valuation of the intangible assets acquired.
C. To offset the bargain purchase cost.
D. Of the residual paid above the fair value of the identifiable net assets

A

D. Of the residual paid above the fair value of the identifiable net assets

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