Examlex
Which of the following statements is LEAST-Likely true?
Acquisition Method
The accounting method used in consolidating the financial statements of a parent company and its subsidiaries, wherein the assets and liabilities of the subsidiary are measured at their fair values at the acquisition date.
Business Combination
A transaction or other event in which an acquirer gains control over one or more businesses.
Net Assets
The total assets of a company minus its total liabilities, representing the company's equity value.
Book Values
The value of an asset as reported on the balance sheet, calculated as the cost of an asset minus accumulated depreciation.
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