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- IFRS 3 – Business Combinations 0%
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Question 1 of 10
1. Question
How shall the acquirer measure components of non-controlling interests in the acquiree that are present ownership interests?
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Question 2 of 10
2. Question
The acquirer shall apply requirements of IAS 37 Provisions, Contingent Liabilities and Contingent Assets in determining which contingent liabilities to recognise as of the acquisition date.
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Question 3 of 10
3. Question
Which of the following is not a requirement of IFRS 3 for the acquirer to recognise at the acquisition date?
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Question 4 of 10
4. Question
The consideration transferred __________ assets or liabilities of the acquirer that have carrying amounts __________ at the acquisition date.
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Question 5 of 10
5. Question
Which of the following is a potential form of consideration transferred in a business combination?
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Question 6 of 10
6. Question
Under which of the following circumstances may an acquirer obtain control of an acquiree without transferring consideration?
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Question 7 of 10
7. Question
Which of the following statements is not true regarding the measurement period?
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Question 8 of 10
8. Question
Which of the following are examples of separate transactions that are not to be included in applying the acquisition method?
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Question 9 of 10
9. Question
For which of the following items, does IFRS 3 provide guidance on subsequent measurement and accounting?
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Question 10 of 10
10. Question
After initial recognition and until the liability is settled, cancelled or expires, how shall the acquirer measure a contingent liability recognised in a business combination?
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