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If Danzer Corporation acquired Blondel Inc, at a price above the fair market value of Blondel's net identifiable assets, Danzer would not be allowed to

If Danzer Corporation acquired Blondel Inc, at a price above the fair market value of Blondel's net identifiable assets, Danzer would not be allowed to record Goodwill in its balance sheeet according to generally accepted accounting principles. True or False True False

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