Apportionment of the purchase price in a lump-sum acquisition of different assets may be based on all of the following except:

Question

Quizplus · Accepted Answer

Apportionment of the purchase price in a lump-sum acquisition is not based on the book values of the assets to the seller, but rather on their relative market values, tax assessment values, or appraised values to ensure a fair and market-reflective distribution of the total cost among the acquired assets.

Apportionment of the Purchase Price in a Lump-Sum Acquisition of Different