Alby Ltd Paid $1 800 000 for 80 Per Cent

question 8

Multiple Choice

Alby Ltd paid $1 800 000 for 80 per cent of the voting shares of Bunter Ltd and evaluated Bunter's assets to be worth $3 000 000 and its liabilities $800 000.What was the goodwill on consolidation at date of acquisition?

• A) $40 000
• B) $400 000
• C) $430 000
• D) $360 000

---

Definitions:

Clear Role Expectations

Defined as the clarity and understanding of each team member's responsibilities and duties within an organization or project.

Team Membership

Involvement or belonging to a specific group working towards common goals.

Cultural Diversity

The existence of a variety of cultural or ethnic groups within a society.

Cohesiveness

The degree to which members of a group or team are attracted to each other and motivated to stay together.