If the fair value of the PP and E acquired is more readily determinable than that of the PP and E surrendered, the cost is the fair value of the PP and E acquired.
There is some confusion about the PP and E valuation.
mnli hypothesis: There is some confusion about the PP and E valuation. premise: If the fair value of the PP and E acquired is more readily determinable than that of the PP and E surrendered, the cost is the fair value of the PP and E acquired.