At the Time of a Business Acquisition

question 2

Multiple Choice

At the time of a business acquisition,

• A)identifiable assets and liabilities are allocated the portion of the translation or remeasurement adjustment that existed on the date of acquisition.
• B)a foreign entity's assets and liabilities are translated into U.S.dollars using the current exchange rate in effect on that date.
• C)the difference between investment fair value and translated net assets acquired is treated as a remeasurement gain or loss on the income statement.
• D)the difference between investment fair value and translated net assets acquired is recorded as a cumulative translation adjustment on the balance sheet.

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Definitions:

Complementarity

in social psychology refers to relationships in which partners possess or display traits that complement or enhance those of the other.

Boredom

A state of feeling disinterested and restless due to a lack of stimulation, engagement, or excitement.

Unprotected Sex

Sexual intercourse without the use of barrier methods of contraception, which increases the risk of sexually transmitted infections and unwanted pregnancies.

Attractive Partner

A person whom others find appealing, often due to physical appearance, personality traits, or other qualities.