Which of the Following Accounts Is Only Created as the Result

question 8

Multiple Choice

Which of the following accounts is only created as the result of acquiring a controlling interest in another company?

• A) Acquisition revenue
• B) Acquisition expense
• C) Goodwill
• D) Patents

---

Definitions:

Accepted Principles

Agreed-upon standards or rules that are generally recognized and upheld within a particular domain or field.

Conduct

The manner in which a person behaves, especially in a particular context or situation.

Mobile Connectivity

The ability of devices to connect to the internet or other networks via mobile telecommunications technology.

Crisis Communication

Involves strategies and efforts to communicate effectively during emergencies or times of intense difficulty to manage perceptions and outcomes.