During the measurement period, which of the following may affect the amount of goodwill from a business

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During the measurement period, which of the following may affect the amount of goodwill from a business combination?

a. New information regarding estimates in the contingent consideration

b. New information regarding estimates in the contingent consideration that are existing at the date of acquisition.

c. Nothing can affect the amount of goodwill.

d. New information regarding estimates in the contingent consideration that are not existing at the date of acquisition

Related Book For answer-question

Materials Science and Engineering An Introduction

ISBN: 978-1118324578

9th edition

Authors: William D. Callister Jr., David G. Rethwisch

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Posted Date: Apr 02, 2022 12:36 AM

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During the measurement period, which of the following may affect the amount of goodwill from a business

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Expert Answer:

ASC 805 requires that an acquirer in a business combination report provisional amounts when measurements are incomplete as of the end of the reporting period covering the business combination In accor... View the full answer

Materials Science and Engineering An Introduction

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