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One of the following statements is correct: Select one: a. If cost of investment > total identifiable asset less liabilities then the excess will be

One of the following statements is correct: Select one: a. If cost of investment > total identifiable asset less liabilities then the excess will be assigned to the goodwill O b. If cost of investment < total identifiable asset less liabilities then the excess will be recorded as bargain purchase which recognized as a gain by the acquirer. C. A and B Od. None of the above Clear my choice

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