Examlex
Which of the following is least important in the functional assessment process?
Negative Goodwill
A situation that occurs when the purchase price of a company is less than the fair value of its net assets, often recognized as a gain in the acquirer's profit and loss account.
Identifiable Net Assets
Assets of an acquired company that can be assigned a fair value and are capable of being separated or divided from the entity for recognition during an acquisition.
Contingent Consideration
Contingent consideration refers to a payment that may be required in the future, the amount of which depends on certain events or conditions that may or may not happen.
Fair Value
The estimated price at which an asset or liability could be traded in an arm's length transaction between informed, willing parties.
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