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  3. Study Set
    Accounting for Corporate
  4. Exam
    Exam 3: Fair Value Adjustments and Tax Effects
  5. Question
    Revaluation of Assets to Fair Value in a Business Combination
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Revaluation of Assets to Fair Value in a Business Combination

Question 1

Question 1

Multiple Choice

Revaluation of assets to fair value in a business combination will be accounted for:


A) in the records of the subsidiary.
B) on consolidation.
C) either A or B.
D) none of the above.

Correct Answer:

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