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Expenses related to effecting business combination accounted for by the pooling interests method should be: a. Deducted in determining the net income of the resulting

Expenses related to effecting business combination accounted for by the pooling interests method should be:

a. Deducted in determining the net income of the resulting combined corporation for the period in which the expenses are incurred.

b. Capitalized and amortized over a discretionary period elected by management.

c. Charged to retained earnings when incurred

d. Treated as a prior period adjustment.

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