alleryStart learning →How is goodwill on consolidation measured under IFRS 3?
AFair value of assets less book value
BParent's profit less subsidiary profit
CPar value of shares less cost paid
DConsideration less net identifiable assets
Answer & Solution
Correct answer: D. Consideration less net identifiable assets
Goodwill is the excess of consideration transferred over the acquisition-date net identifiable assets acquired.
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