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Which of the Following Statements Is Incorrect with Regards to Control

Question 49

Multiple Choice

Which of the following statements is incorrect with regards to control premium:


A) it is recognised under the full goodwill method.
B) it is recognised only in the pre-acquisition entry.
C) it is recognised in the business combination valuation entries.
D) it is not recognised under the partial goodwill method.

Correct Answer:

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