AASB 3 Establishes Principles and Requirements for How the Acquirer

Multiple Choice

AASB 3 establishes principles and requirements for how the acquirer:

A) determines what information to disclose to enable users of the financial statements to evaluate the nature and financial effects of the business combination
B) recognises and measures in its financial statements the identifiable assets acquired,the liabilities assumed and any non- controlling interest in the acquiree
C) recognises and measures the goodwill acquired in the business combination or a gain from a bargain purchase
D) all of the above