answer all above section.

QUESTION 21 In an acquisition by a client of the audit team involving a purchase price of $25 milion, the acquired company owns three accangoing ships. Management has introduced the audit team to a ship braker who stated that, based on his knowledge and experience as a ship broker that the fair values of similar ships are $2.5 milion each with no further documentation. Which of the folowing is most accurate given the fact pattern above? OA. The 57.5 milion would licended L 2 Fair Vue me The auch tasmes more informadongian that the unsupported opinion of the ship brukar srecents insufficient audit edece, as it is unsudistle C. The audit team would be required to perform a formal valution to assess whether the 57.5 milion value was correct D. The sudits should emply awapt the $7.5 milion value for the three ships which would then be curcaled by the client over the sconomic if of the ships and would be subjeci w mpimenting per the applicable ASC Judetrasfur targble assets QUESTION 22 Bancur die in der B. Cardinalis, weich of the flowing molecular thellypus for widh le Rif from Roy (RFR) medische proprio O A The RR Method is belated for a which may be ind, but in rowed by the required company. A w.ch, als hived based on the wide oficering that from some third party B. The RR Method is besluted for intelectual property and sels dobiloped great cost but not used by the company iteit. and for which thesis ittle polema commerc alage Ikely O c The RR Metodischen til for als Buth Ambed Workforce with the really paymenlequel to comparation wid and the time period of the grayis the based on the prince wth employee capsules The RR Method is basutud for seels which arly lichid by the tired and oftengd W. Chidband on the role of the license parents QUESTION 23 Which of the folowing does not procent a method under the Oost Approach? A The Reproducton Cost Method OB.The Replacement Cost method The Austed Net Assets Method D. The "With and Without Method QUESTION 24 In sem er med allible, in what way consument US GAAP bele decid? AA'lad moder O Settlement amount based Historical Cowad DFNummel