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Question 1 of 4
1. Question
If the assets acquired are not a business, the reporting entity shall account for the transaction or other event as __________.
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Question 2 of 4
2. Question
An entity shall account for each business combination by applying the equity method.
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Question 3 of 4
3. Question
For each business combination, one of the combining entities shall be identified as the __________.
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Question 4 of 4
4. Question
The acquirer shall measure the identifiable assets acquired and the liabilities assumed at their:
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