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CAF-6 · Chapter 9 · Question 4 of 15

How is 'Goodwill' calculated on acquisition?

Test yourself: pick an answer

Reveal answer & explanation

Correct answer: A) Fair value of consideration + NCI - Fair value of net identifiable assets.

Explanation

Goodwill is the excess of (Consideration + NCI) over the fair value of net identifiable assets acquired.

All 15 questions in Chapter 9Consolidation (IFRS 10, IFRS 3) MCQs with answers

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