It Is Important to Distinguish Between Pre and Post Acquisition

question 19

Multiple Choice

It is important to distinguish between pre and post acquisition equity of a subsidiary to allow:

• A) post acquisition equity to be eliminated on consolidation
• B) goodwill or gain on bargain purchase to be calculated
• C) avoidance of double counting of pre acquisition equity
• D) none of the above

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Definitions:

Hyphae

The long, branching filamentous structures of fungi, which together create the mycelium.

Myceliae

The vegetative part of a fungus, consisting of a network of fine white filaments (hyphae).

Gills

(1) Moist, thin structures that extend outward from the body surface onto a respiratory medium (water or air); surfaces for gas exchange, mainly in aquatic animals. (2) The spore-bearing, platelike structures under the caps of mushrooms

Mycorrhizae

Symbiotic associations between fungi and plant roots, which enhance nutrient and water absorption by the plants.