[mjgn20]

I got ‘AAAA’ too! – Great minds think alike 😉

[mjgn20]

Hey Erin! Hope the attempt went well!
How did you find it?

[mjgn20]

You use the contingent at Acquisition which was the 4000 off the top of my head, as the questions asked to calculate the Goodwill at ACQUISITION.

[mjgn20]

Anyone get similar results to these MCQ?
1 A
2 A
3 A
4 A
5 D
6 A
7 C
8 D
9 B
10 C
11 B
12 A
13 D
14 C
15 D
16 C
17 D
18 A
19 B
20 A

Overall, I thought that the Questions 1 & 2 were relatively easy, (simple adjustments and basic explanations of the ratios). Questions 3 on the other-hand was a different ball game and had adjustments which only nightmares are made of.

[Author]

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