Which of the Following Statements Is True About a Bargain

Multiple Choice

Which of the following statements is true about a bargain purchase?

A) The purchase consideration paid by the parent for its share of the aquiree is less than the fair value of the shares.
B) The purchase consideration paid by the parent for its share of the aquiree is equal to the fair value of the shares.
C) The purchase consideration paid by the parent for its share of the aquiree is more than the fair value of the shares.
D) The purchase consideration paid by the parent for its share of the aquiree is less than the carrying value of the shares.