Question
If the total acquisition value of an acquired not-for-profit entity is greater than the fair value of all identifiable net assets of the entity, and
If the total acquisition value of an acquired not-for-profit entity is greater than the fair value of all identifiable net assets of the entity, and that entitys revenues are not generated by rendering goods or services or from membership dues, then the excess of acquisition value over identifiable net assets is immediately reported: Multiple Choice
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