What Is The Primary Difference Between: (I) Accounting For A Business Combination When The Subsidiary Is Dissolved

What is the primary difference between: (i) accounting for a business combination when the subsidiary is dissolved; and (ii) accounting for a business combination when the subsidiary retains its incorporation?Multiple ChoiceIf the subsidiary is dissolved, it will not be operated as aseparate division.If the subsidiary is dissolved, assets and liabilities areconsolidated at their book values.If the subsidiary retains its incorporation, there will be nogoodwill associated with the acquisition.If the subsidiary retains its incorporation, assets and liabilitiesare consolidated at their book values.If the subsidiary retains its incorporation, theconsolidation is not formally recorded in the accountingrecords of the acquiring company.At the date of an acquisition which is not a bargain purchase, the acquisition methodMultiple ChoiceConsolidates the subsidiarys assets at fair value and theliabilities at book value.Consolidates all subsidiary assets and liabilities at book value.Consolidates all subsidiary assets and liabilities at fair value.Consolidates current assets and liabilities at book value, andlong-term assets and liabilities at fair value.Consolidates the subsidiarys assets at book value and theliabilities at fair value.In a transaction accounted for using the acquisition method where consideration transferred is less than fair value of net assets acquired, which statement is true?Multiple ChoiceNegative goodwill is recorded.A deferred credit is recorded.A gain on bargain