Question: Value assigned to controlling interest should not be based only on the non-controlling interest proportional interest in the identifiable assets acquired, liabilities assumed and share

Value assigned to controlling interest should not be based only on the non-controlling interest proportional interest in the identifiable assets acquired, liabilities assumed and share of goodwill but rather in the separately determined accounts and assets of the non-controlling interest in the acquiree`s company. Select one: True False

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