If a Company Incurs Disposition Obligations as a Result of Acquiring

question 21

Multiple Choice

If a company incurs disposition obligations as a result of acquiring an asset:

• A)The company recognizes the obligation at fair value when the asset is acquired.
• B)The company recognizes the obligation at fair value when the asset is disposed.
• C)The company records the difference between the fair value of the asset and the obligation when the asset is acquired.
• D)None of these answer choices are correct.

---

Definitions:

Empathy

The ability to understand and share the feelings of another.

Client-centered Therapy

A psychotherapeutic approach developed by Carl Rogers that emphasizes providing a supportive emotional environment for clients to explore their feelings.

Carl Rogers

An influential American psychologist who founded the humanistic approach to psychology, emphasizing the importance of free will, self-actualization, and empathy in therapy.

Humanist Therapist

A mental health professional who applies principles of humanism, focusing on the individual's potential and stressing the importance of growth and self-actualization.