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Direct combination costs and amounts incurred to register and issue stock in connection with a business combination. How should those costs be accounted for in

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Direct combination costs and amounts incurred to register and issue stock in connection with a business combination.  How should those costs be accounted for in a pre-2009 business combination?

           

Answer: B

Learning Objective: 02-09

Topic: Legacy methods―Purchase and pooling

Difficulty: 2 Medium

 Blooms: Remember

AACSB: Reflective Thinking

AICPA: BB Critical Thinking

AICPA: FN Measurement

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