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Which identifiable assets acquired and liabilities assumed

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Reference no: EM132992588

Problem 1: PRFS 3 requires a business combination to be accounted for using the

Group of answer choices

a. purchased method

b. goodwill method

c. control method

d. acquisition method

Problem 2: The identifiable assets acquired and liabilities assumed in a business combination are generally measured at

Group of answer choices

a. fair value less costs to sell

b. acquisition-date fair values

c. cost

d. previous carrying amounts

Reference no: EM132992588

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