Multiple Choice
Under the full goodwill method:
I made a change to the original question, as the original question is very similar to Q3 of the SPQ.
A) the NCI does not get a share of any equity relating to goodwill.
B) only goodwill acquired by parent entity will be recognised.
C) the NCI is measured at the NCI's proportionate share of the acquiree's identifiable assets and liabilities.
D) acquired goodwill consists of both goodwill of the subsidiary and the premium paid by the parent to acquire control over the subsidiary.
Correct Answer:

Verified
Correct Answer:
Verified
Q2: If a gain on bargain purchase arises
Q4: Non-controlling interest is classified,according to AASB 10
Q8: In Sunrise Group's consolidation worksheet, the opening
Q9: Xin Limited paid €12 000 for
Q12: For a transaction to require an adjustment
Q12: Xana Limited paid $110 000 for 60%
Q13: When preparing a set of consolidated financial
Q14: Company A Limited owns 90% of the
Q20: A non-controlling interest is entitled to a
Q21: Jiminez Limited acquired 80% of the share