Multiple Choice
-Using the fair value (100% goodwill) method the goodwill on acquisition is:
A) $140,000
B) $186,000
C) $70,000
D) none of the above
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q3: Consistent with the entity concept,full consolidation requires
Q4: Under current accounting standards,it is not possible
Q6: Which of the following statements is correct?<br>A)
Q7: In the calculation of NCI share of
Q8: The shareholders of the parent entity in
Q9: The shareholders' interest in a subsidiary that
Q12: Under full consolidation,only the income,expenses,assets,liabilities and equity
Q18: Under the entity concept of consolidation,the NCI
Q22: The consolidation technique of NCI allocation is
Q29: Where the full goodwill on acquisition is