If a Gain on Bargain Purchase Arises on a Business

question 2

Multiple Choice

If a gain on bargain purchase arises on a business combination,the non-controlling interest:

• A)is allocated 100% of the gain
• B)has no involvement with the gain
• C)is entitled to a proportionate share of the gain based on its level of share ownership
• D)receives a proportionate share of the gain after adjustments for tax effects have been made.

---

Definitions:

Social-Cognitive Psychologist

A psychologist who studies how an individual’s understanding and behavior are influenced by the social context and cognitive processes.

Politically Conservative

A political ideology that typically emphasizes tradition, stability, and a degree of skepticism towards radical changes in society.

Social-Cognitive Perspective

A viewpoint in psychology that emphasizes the role of cognitive processes in understanding and predicting social behavior.

Personality Emphasis

The focus on understanding and categorizing individuals' patterns of thoughts, feelings, and behaviors that make up a person’s unique personality.