Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
3 Cards in this Set
- Front
- Back
|
When is a business combination? |
When it acquires 50% of the voting interest (shares of common stock) of a second entity. At the acquisition parent must recognize and measure 1) Identifiable assets acquired 2) Liabilities assumed 3) Any non controlling interest 4) Goodwill or gain from bargain purchase
Measurement- The identifiable assets acquired, liabilities assumed, and any noncontroling interest in the subsidiary are recognized separately from goodwill and must be measured at acquisition date fair value. |
|
|
chcjhh |
guhljkhh |
|
|
gxcjvkvxf |
xhxjvvjcuh |
