Given each description below, select the best term from the option list provided. Each answer choice may be used once, more than once, or not at all. A B 1 Description Term 2 Presented when an entity controls another regardless of the percentage of ownership. 3 Substantially all of the fair value of the gross assets acquired is concentrated in a single identifiable asset or group of similar identifiable assets. 4 Reported in the balance sheet as a direct deduction from the carrying amount of the debt. 5 An integrated set of activities and assets that can be conducted to provide a return of economic benefits directly to investors or others. 6 An example of substance over form. 7 A transaction or other event in which an acquirer obtains control of a business. 8 Issue costs that reduce additional paid in capital. 9 Not recognized for an asset acquisition. 10 An entity that controls a subsidiary. 11 Expensed as incurred. 12 The direct or indirect ability to determine the direction of management and policies of the investee. 13 Required even when majority ownership is indirect