Accounting for Business Combinations: T/F: Any profits reports as a result of the acquiree's operation within the business combination should reflect profits earned before the acquisition date

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T/F: Any profits reports as a result of the acquiree's operation within the business combination should reflect profits earned before the acquisition date

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False, Any profits reports as a result of the acquiree's operation within the business combination should reflect profits earned after the acquisition date

Accounting for Business Combinations

T/F: Any profits reports as a result of the acquiree's operation within the business combination should reflect profits earned before the acquisition date

False, Any profits reports as a result of the acquiree's operation within the business combination should reflect profits earned after the acquisition date

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