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Regarding Goodwill and Fair Value Adjustments, Any Excess of the Entity's

question 16

Multiple Choice

Regarding goodwill and fair value adjustments, any excess of the entity's share of the net fair value of an associate or joint venture's identifiable assets and liabilities over the cost of the investment is to be recognized as _______________ in the determination of the entity's share of the associate or joint venture's profit or loss in the period in which the investment is acquired.


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