When there is an acquisition of control, depreciable assets must be written down to their fair market value if this amount is less than their capital cost.

Name: When there is an acquisition of control, depreciable assets must be written down to their fair market value if this amount is less than their capital cost.
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In an acquisition of control, depreciable assets are typically written up or down to their fair market value, regardless of whether this value is less or more than their capital cost.

When There Is an Acquisition of Control, Depreciable Assets Must