If a Weak Entity Is ID-Dependent but Not Existence-Dependent,it Can

question 69

True/False

If a weak entity is ID-dependent but not existence-dependent,it can be represented using the same techniques as a strong entity.

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Definitions:

Acquisition Differential

The gap between the acquisition cost of a company and the fair value of its clearly identifiable net assets.

Impairment

A decrease in the recoverable value of an asset below its carrying amount, leading to an adjustment in the value recorded on financial statements.

Goodwill

An intangible asset that arises when a company acquires another company for a price higher than the fair value of its net tangible assets.

Impairment

A decrease in the recoverable value of an asset below its carrying amount, leading to a reduction in its recorded value on financial statements.