11. In a business combination resulting in a parent companywholly owned subsidiary relationship, goodwill developed in the...

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11. In a business combination resulting in a parent company–wholly owned subsidiary relationship, goodwill developed in the working paper elimination is attributed:

a. In its entirety to the subsidiary.

b. In its entirety to the parent company.

c. To both the parent company and the subsidiary, in the ratio of current fair values of identifiable net assets.

d. In its entirety to the consolidated entity.

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