Under the Full Goodwill Method

question 10

Multiple Choice

Under the full goodwill method:
I made a change to the original question, as the original question is very similar to Q3 of the SPQ.

• A) the NCI does not get a share of any equity relating to goodwill.
• B) only goodwill acquired by parent entity will be recognised.
• C) the NCI is measured at the NCI's proportionate share of the acquiree's identifiable assets and liabilities.
• D) acquired goodwill consists of both goodwill of the subsidiary and the premium paid by the parent to acquire control over the subsidiary.

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Definitions:

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