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In accounting for a business combination as a purchase, a bargain purchase exists when: Multiple Choice O purchase price > book value. O fair value

In accounting for a business combination as a purchase, a bargain purchase exists when: Multiple Choice O purchase price > book value. O fair value of net assets > purchase price or the fair value of the consideration. fair value of net assets < book value. fair value of net assets > book value. fair value of net assets < purchase price or the fair value of the consideration. W

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