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What amount should appear in the group's consolidated statement of financial position at 31 December 20X2 for goodwill?

A

$52,000

B

$80,000

C

$122,000

D

$212,000

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Chapter23Introductiontoconsolidatedfinancialstatements

$ $

Fair value of consideration 270,000

Plus fair value of NCI at acquisition

Less net acquisition-date fair value of identifiable

assets acquired and liabilities assumed： 42,000

Share capital 100,000

Retained earnings at acquisition 90,000 190,000

Goodwill in statement of financial position 122,000

多做几道

Which accounting concept should be considered if the owner of a business takes goods from inventory for his own personal

use?

A

The fair presentation concept

B

The accruals concept

C

The going concern concept

D

The business entity concept

Which accounting concept should be considered if the owner of a business takes goods from inventory for his own personal

use?

A

The fair presentation concept

B

The accruals concept

C

The going concern concept

D

The business entity concept

According to the IASB's Conceptual Framework for Financial Reporting, which TWO of the following are part of faithful

representation?1 It is neutral2 It is relevant3 It is presented fairly4 It is free from material error

A

1 and 2

B

2 and 3

C

1 and 4

D

3 and4

Which of the following accounting concepts means that similar items should receive a similar accounting treatment?

A

Going concern

B

Accruals

C

Matching

D

Consistency

Listed below are some characteristics of financial information.1 Relevance2 Consistency3 Faithful representation4 Accuracy

Which of these are qualitative characteristics of financial information according to the IASB's Conceptual Framework for

Financial Reporting?

A

1 and 2 only

B

2 and 4 only

C

3 and 4 only

D

1 and 3 only

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