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    Business
  3. Study Set
    Advanced Accounting Concepts and Practice
  4. Exam
    Exam 5: The Purchase Method: at Date of Acquisition-100 Ownership
  5. Question
    Under FAS 109, Deferred Income Taxes Need Not Be Recorded
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Under FAS 109, Deferred Income Taxes Need Not Be Recorded

Question 52

Question 52

True/False

Under FAS 109, deferred income taxes need not be recorded at the combination date on goodwill.

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