The Difference Between Implied and Book Value Account Is

question 36

Multiple Choice

The Difference between Implied and Book Value account is:

• A) an asset or liability account reflected on the consolidated balance sheet.
• B) used in allocating the amounts paid for recorded balance sheet accounts that are different than their fair values.
• C) the excess implied value assigned to goodwill.
• D) the unamortized excess that cannot be assigned to any related balance sheet accounts

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Definitions:

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