Consideration transferred less Acquirer’s interests net fair value
-Goodwill
What are the classifications of Business Combinations by Acquisitions of Net
Assets
-Statutory merger
-Statutory consolidation
Shark Repellant is a tactic
-True
What are the three schemes for classifying buscom
-One based on the structure of the combination
One based on the method used to accomplish the combination
One based on the accounting method used
Pac-man Defense search for a candidate
-False
An unfriendly (hostile) combination results when the board of directors of a
company targeted resists
-True
Business combinations may be classified under three schemes
-One based on the structure of the combination
One based on the method used to accomplish the combination
One based on the accounting method used
What are the classifications of BusCom by structure
-Horizontal Integration
-Vertical Integration
-Conglomerate Combination
-Circular Combination
The books of the acquired (acquiree) company are closed out
- Acquisition of Net Assets (Assets less Liabilities)
In a friendly combination, the board of directors of the potential negotiates
