alleryStart learning →IFRS 3.19 allows NCI at acquisition to be measured at what basis?
ACost or net realisable value
BFace value or book value
CFair value or proportionate share
DMarket price or replacement cost
Answer & Solution
Correct answer: C. Fair value or proportionate share
IFRS 3.19 gives a choice between fair value (full goodwill) and the NCI's proportionate share of identifiable net assets.
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