Simple Multi question - FRA - getting wrong

Conclusion - The applicability of using the Equity Method or Acquisition Method is identical under US GAAP and IFRS.

This is true but I had as false.

I had it as false cause I was thinking of Goodwill. Under IFRS you can use Partial of Full goodwill for IFRS and you must use Full Goodwill for US GAAP. From that i figure the applicability of the acquisition method differs between US GAAP and IFRS.

I think I’m not understanding the statement though. If somebody could clarify the conclusion cause I dont understand why I’m wrong.

Applicability refers to when you’d use the equity or acquisition method. It doesn’t mean that if you applied the same method you’d get the same answer (because of differences in how the rules are applied - for example, how goodwill is calculated).