Question 22

If a computer manufacturer acquires a hard drive manufacturer, this is known as:

Question 22 options:

	Conglomeration
	Reverse Diversification
	Vertical integration
	Horizontal integration

Question 23

All of the following are differences in a stock acquisition compared to an asset acquisition except for:

Question 23 options:

	The journal entries that would be made on the part of the acquiring company
	Who the consideration is paid to by the acquiring company
	The value used to account for the value of the acquired assets and liabilities The recognition of any gain or loss on the part of the target company

Question 24

Goodwill is:

Question 24 options:

	A tangible asset that results from an acquiring company paying more than the FMV of an acquired companys net assets
	An intangible asset always found on the books of an acquired company
	An intangible asset that results from an acquiring company paying more than the FMV of an acquired companys net assets
	An intangible asset always found on the books of an acquiring company