PART B 1) Provide one example from the real world for successful mergers and acquisitions case in recent years and state the specific reasons behind their success. Notes: Do not provide general reasons behind success (as it will not be considered] Write your answer in the space provided in the following table: Names of the companies & Detailed information about this business combination Reasons for Success * Answers not provided in a tabular format will be disregarded. ** Examples dated before 2006 will not be considered. 2) What are the different types of synergies in mergers and acquisitions? Write your answer in the space provided in the following table: Type: Synergies Synergies Synergies Explanation: * Answers not provided in a tabular format will be disregarded. (10 Marks) (10 Marks) 3) There are differences between the IFRS and GAAP (after FASB issued ASU 2020-04 to simplify the accounting for goodwill impairment) regarding the following: A. Assignment/allocation of goodwill. (i.e., The levels at which goodwill is assigned /allocated) B. Impairment of goodwill and test(s) applied and its steps (ie., Methods of determining impairment of goodwill) C. How impairment loss is recognized and allocated. (i.e., impairment loss[charge] calculation and allocation) D. Amortization and impairment of intangible assets other than goodwill Discuss the accounting treatment of the preceding points under IFRS only. (Comparison is not required) Write your answer in the space provided in the following table: IFRS A- B- C- D- (You must support your answer in this question with quality and up to date references.) (10 Marks)