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1.Which value is recognized as of the date of acquisition? Select one: a. Accounts payable b....

1.Which value is recognized as of the date of acquisition? Select one: a. Accounts payable b. Accounts receivable c. Inventory d. Intangible assets

2.Which of the following is recognized at fair value of net realizable value?

Select one:

a. Accounts payable

b. Accounts receivable

c. Inventory

d. Intangible assets

3.Which of the following is recognized at fair value of replacement costs?

Select one:

a. Accounts payable

b. Accounts receivable

c. Inventory

d. Intangible assets

4. In which of the following structures of multinational corporations, will managers of a parent company oversee the foreign subsidiaries?

Select one:

a. Centralized

b. Decentralized

c. Autonomy

d. Congruency

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Answer #1

1. d. Intangible assets value is recognized as on the date of acquisition if the asset is separately identifiable and measured.

2. c. Inventory

3. b. Accounts receivable.

4. a. Centralized.

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