Question
49. Which of the following statements is correct about the ADJUSTED ACCOUNTING METHOD for assessing the value of firms to be acquired is correct? a.It
49. Which of the following statements is correct about the ADJUSTED ACCOUNTING METHOD for assessing the value of firms to be acquired is correct? a.It is quite similar to the MARKET METHOD in assessing a firms size b.It adjusts the value of Revenues to reflect current prices C.It corrects the presently reported value of liabilities to reflect future values d.It will increase the value of GOODWILL in the acquiring firm if the value of the net identifiable assets in the acquired furm is less than the price paid to acquire the firm
50.According to the course lecture notes in Class 18, which of the following does not define ETHICS? a. A set of moral values b. A set of principles regarding behavior choices c. A set of legal guidelines d. Clarifying a person's duties and obligations
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