- CFA Exams
- CFA Level I Exam
- Topic 3. Financial Statement Analysis
- Learning Module 10. Intercorporate Investments
- Subject 5. Business Combinations
CFA Practice Question
Under IFRS, the pooling of interests method can be used to account for only:
II. acquisitions.
III. statutory consolidation.
I. mergers.
II. acquisitions.
III. statutory consolidation.
Correct Answer: None of them
User Contributed Comments 5
| User | Comment |
|---|---|
| ljamieson | hah! and you thought you had to pick one! |
| vi2009 | tricky .. but great one just to tickle the mind a bit |
| Radnax | ''The IFRS require that the acquisition (purchase) method be used after March 2004.'' |
| endurance | ka-boom |
| krunk | come on! |