Which of the following statements regarding the accounting for business
combinations is false?


The identifiable assets acquired, liabilities assumed, and noncontrolling
interest in the acquiree are recognized separately from the goodwill arising
out of a business combination.
The acquirer in a business combination will only recognize the liabilities
assumed if they meet the definition of liabilities and are part of the
business combination transaction.
Under the acquisition method, the identifiable assets acquired during a
business combination are measured at their acquisition-date fair values.
Goodwill is the difference between the consideration transferred by the
acquirer to the acquiree and the fair value of identifiable assets acquired.