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When an Acquisition of Another Company Occurs, FASB Recommends Disclosing

Question 28

Multiple Choice

When an acquisition of another company occurs, FASB recommends disclosing all of the following EXCEPT:


A) goodwill assigned to each reportable segment.
B) information concerning contingent consideration including a description of the arrangements and the range of outcomes
C) results of operations for the current period if both companies had remained separate.
D) A qualitative description of factors that make up the goodwill recognized

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