Which any excess of the investor share of the net fair value

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Reference no: EM132816996

Problem 1: Any excess of the investor's share of the net fair value of the associate's identifiable assets and liabilities over the cost of the investment is

A. Excluded as income in the determination of the investor's share of the associate's profit or loss in the period in which the investment is acquired.

B. Included as income in the determination of the investor's share of the associate's profit or loss in the period in which the investment is acquired.

C. Not recorded nor amortized in the accounting books of the investor.

D. None of the above

Reference no: EM132816996

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