BUSINESS COMBINATION Which of the following statements is true...

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Accounting

BUSINESS COMBINATION

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Which of the following statements is true about contingent consideration under the revised PFRS 3? O Contingent consideration in a business acquisition that is not classified as equity is subsequently re-measured with changes recognize directly in retained earnings. O Contingent consideration can be measured at fair value through other comprehensive income. O Contingent consideration obligations are recognized only when the contingency was probable and could be measured reliably. Contingent considerations in form of equity are not subject to re-measurement

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