The excess of fair value over implied value must be allocated to reduce proportionally the fair values initially assigned to
A)current assets.
B)noncurrent assets.
C)both current and noncurrent assets.
D)none of the above.

Question

Quizplus · Accepted Answer

The Answer of The excess of fair value over implied value must be allocated to reduce proportionally the fair values initially assigned to
A)current assets.
B)noncurrent assets.
C)both current and noncurrent assets.
D)none of the above.

The Excess of Fair Value Over Implied Value Must Be