Multiple Choice
When goodwill in an associate is acquired by an investor, the amortisation of goodwill is:
A) spread evenly across the useful life of the investment.
B) not permitted.
C) included in the determination of the investor's share of the associate's profit or loss.
D) included in the revaluation of the investment.
Correct Answer:
Verified
Correct Answer:
Verified
Q23: Where an investor has significant influence over
Q24: Where the investor does not prepare consolidated
Q25: Fair value and goodwill adjustments arising on
Q26: On 1 July 2016 Titans Ltd
Q27: Where an investor sells inventories to an
Q29: Where an investor has discontinued the use
Q30: Where the investor is not a parent,
Q31: The investor's share of current period profits
Q32: The basic premise under the equity method
Q33: The classification of an investment as an