During the measurement period, which of the following may affect the amount of goodwill from business combination? A.New information regarding estimates in the contingent consideration that are not existing at the date of acquisition B.Nothing can affect the amount of goodwill.
During the measurement period, which of the following may affect the amount of goodwill from business combination? A.New information regarding estimates in the contingent consideration that are not existing at the date of acquisition B.Nothing can affect the amount of goodwill.
Auditing: A Risk Based-Approach to Conducting a Quality Audit
10th Edition
ISBN:9781305080577
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter16: Advanced Topics Concerning Complex Auditing Judgments
Section: Chapter Questions
Problem 21MCQ
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Question
During the measurement period, which of the following may affect the amount of
A.New information regarding estimates in the contingent consideration that are not existing at
the date of acquisition
B.Nothing can affect the amount of goodwill.
C.New information regarding estimates in the contingent consideration that are existing at the
date of acquisition.
D.New information regarding estimates in the contingent consideration
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