The identifiable assets acquired and liabilities assumed need to be recognized and measured.Why are the acquirees' book values not suitable?
A)Assets and liabilities may have changed value
B)Additional intangible assets and liabilities are not on the balance sheet
C)The accounts may have a different date
D)They may be in a different currency

Question

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The Answer of The identifiable assets acquired and liabilities assumed need to be recognized and measured.Why are the acquirees' book values not suitable?
A)Assets and liabilities may have changed value
B)Additional intangible assets and liabilities are not on the balance sheet
C)The accounts may have a different date
D)They may be in a different currency

The Identifiable Assets Acquired and Liabilities Assumed Need to Be