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5. An excess of the fair value of net assets acquired in a business combination over the price paid is: (1 Point) Reported as a

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5. An excess of the fair value of net assets acquired in a business combination over the price paid is: (1 Point) Reported as a gain from a bargain purchase Applied to a reduction of noncash assets before negative goodwill may be reported Applied to reduce noncurrent assets other than marketable securities to zero before negative goodwill may be reported Applied to reduce goodwill to zero before negative goodwill may be reported

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