ACCO-450 1 Business Combinations 2 Merger 3 Business Consolidation 4 Subsidiary 5 Pooling of interest method 6 Acquisition method 7 Goodwill in Business Combination 8 Bargain in Business Combination 9 Business Dissolution 10 FASB SFAS No. 141 Discloursure Requirement A Accounting method to record business combination based on fair value of net assetsacquired. Replace the prior purchased method. B The excess of the fair market value of net assets acquired in a purchase business combination over the investment cost. Under current FASB Guidance, this purchase is recognized as a gain to the acquirer. C A uniting of previously separate business entities though acquisition by one entity of another entity's net assets or a majority of its outstanding voting common stock, or thought an exchange of common stock. D A business combination in which a new corporation is formed to take over two or more business entities that then go out of existence. E Accounting method that records business combinations based on book values of net assets acquired rather than fair value. Not an acceptable method for business combination since 2001. F This Statement addresses financial accounting and reporting for business combinations and supersedes issued by Financial Accounting Standard Board. G A business combination in which one corporation take over the operation of another entity and that entitiy goes out of existence. H A Corporation in which the controlling stockholders' interest lies with a parent company that controls ots decisions and operations. Is the process to record a identificable net assets at fair value to disolve a company acquired. The excess of the investment cost over the fair market value of net assets acquired in a purchase business combination