美国CPA模拟试题：Financial（6）

A business combination is accounted for as an acquisition. Which of the following expenses related to the business combination should be included, in total, in the determination of net income of the combined corporation for the period in which the expenses are incurred?

a. No 　　　　　Yes

b. No 　　　　　No

c. Yes　　　　 Yes

d. Yes 　　　　No

Explanation

Choice "d" is correct. Fees of finders and consultants are expensed in the period incurred. Registration fees for equity securities issued decrease additional paid-in capital (stockholders' equity).