B When negotiating a business acquisition, buyers sometimes agree to pay extra amounts to sellers in the future performance metrics are achieved over specified time horizons. How should buyers account for such contingent consideration in recording an acquisition? Multiple Choice The fair value of the contingent consideration is expersed inedite acquisition date The fair value of the contingent consideration is included in the overall foir volume of the consideration transferred. The amount ultimately paid under the contingent consideration agreement is added to goodwill when and if the performance metrics are mot The fair value of the contingent consideration is recorded as a reduction of the otherwise determinable fair value of the acquired firm 40 Next >