Star Trek Ltd Acquires Shares in Vulcan Ltd at Various

Multiple Choice

Star Trek Ltd acquires shares in Vulcan Ltd at various stages summarised as follows:

Which of the following statements is not? in accordance with AASB 127 "Consolidated Financial Statements"?

A) Recognise goodwill (bargain gain on purchase) on the acquisition of shares purchased in 2010 and 2011 on consolidation of financial statements for the year 2010 and 2011, respectively, when Star Trek Ltd has control of Vulcan Ltd.
B) Recognise goodwill (bargain gain on purchase) on acquisition of shares made in 2010, when Star Trek Ltd ultimately gained control of the equity of Vulcan Ltd.
C) Difference between purchase consideration and net identifiable assets of Vulcan Ltd for share interests acquired in 2011 is taken to equity.
D) Star Trek Ltd should recognize goodwill using single-date method.
E) None of the given answers.