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When the acquirer interest in the net fair value

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Reference no: EM132616305

Problem 1: Under AASB 3/IFRS 3 Business Combinations, a gain on bargain purchase arises when the acquirer's interest in the net fair value on the acquiree's identifiable assets and liabilities is:

a. less than the carrying amount of the assets acquired

b. greater than the consideration transferred

c. more than the book values of the identifiable assets acquired

d. less than the consideration transferred

Reference no: EM132616305

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