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The main use of multiple target designs is to:
AASB 3
An accounting standard detailing the requirements for the accounting of business combinations.
IFRS 3
Business Combinations, an International Financial Reporting Standard that outlines the accounting and reporting requirements for mergers and acquisitions.
Goodwill
The intangible asset that arises when a company acquires another business for more than the fair value of its separable net assets.
Fair Value
The expected selling price for an asset or the amount needed to cover a liability, facilitated through a systematic deal between market participants on the specific date of measurement.
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