Question 1

Horizontal business combinations involve constituent companies in different industries.

Accepted Answer

A) True 
 B)False

Question 2

Contingent consideration that is determinable on the date of a business combination is part of the total cost of the combinor's investment in the combinee.

Accepted Answer

A) True 
 B)False

Question 3

A part of the cost of a combinee is allocated to identifiable tangible and intangible assets that resulted from research and development activities of the combinee.

Accepted Answer

A) True 
 B)False

Question 4

The business enterprises that enter into a business combination are termed the:

Accepted Answer

A)  Merging companies 
B)  Joining companies 
C)  Constituent companies 
D)  Combinor companies 
A)  Merging companies 
B)  Joining companies 
C)  Constituent companies 
D)  Combinor companies

Question 5

Which of the following is not included in the combinor's cost of a combinee in a business combination?

Accepted Answer

A)  Present value of debt securities issued by combinor in the combination 
B)  Costs of issuing debt securities in the combination 
C)  Investment banker's finder's fee for the combination 
D)  Contingent consideration that is determinable on the date of the combination 
A)  Present value of debt securities issued by combinor in the combination 
B)  Costs of issuing debt securities in the combination 
C)  Investment banker's finder's fee for the combination 
D)  Contingent consideration that is determinable on the date of the combination

Horizontal business combinations involve constituent companies in different industries.

Contingent consideration that is determinable on the date of a business combination is part of the total cost of the combinor's investment in the combinee.

A part of the cost of a combinee is allocated to identifiable tangible and intangible assets that resulted from research and development activities of the combinee.

The business enterprises that enter into a business combination are termed the:

Which of the following is not included in the combinor's cost of a combinee in a business combination?

Ethical Issues in Advanced Accounting

Partnerships: Organization and Operation

Partnership Liquidation and Incorporation; Joint Ventures

Accounting for Branches; Combined Financial Statements

Consolidated Financial Statements: on Date of Business Combination

Consolidated Financial Statements: Subsequent to Date of Business Combination

Consolidated Financial Statements: Intercompany Transactions

Consolidated Financial Statements: Income Taxes, Cash Flows, and Installment Acquisitions

Consolidated Financial Statements: Special Problems

International Accounting Standards; Accounting for Foreign Currency Transactions

Translation of Foreign Currency Financial Statements

Components; Interim Reports; Reporting for the Sec

Bankruptcy: Liquidation and Reorganization

Estates and Trusts

Nonprofit Organizations

Governmental Entities: General Fund

Governmental Entities: Other Governmental Funds and Account Groups

Governmental Entities: Proprietary Funds, Fiduciary Funds, and Comprehensive Annual Financial Report

Filters

Exam 5: Business Combinations

Horizontal business combinations involve constituent companies in different industries.

Contingent consideration that is determinable on the date of a business combination is part of the total cost of the combinor's investment in the combinee.

A part of the cost of a combinee is allocated to identifiable tangible and intangible assets that resulted from research and development activities of the combinee.

The business enterprises that enter into a business combination are termed the:

Which of the following is not included in the combinor's cost of a combinee in a business combination?

Ethical Issues in Advanced Accounting

Partnerships: Organization and Operation

Partnership Liquidation and Incorporation; Joint Ventures

Accounting for Branches; Combined Financial Statements

Consolidated Financial Statements: on Date of Business Combination

Consolidated Financial Statements: Subsequent to Date of Business Combination

Consolidated Financial Statements: Intercompany Transactions

Consolidated Financial Statements: Income Taxes, Cash Flows, and Installment Acquisitions

Consolidated Financial Statements: Special Problems

International Accounting Standards; Accounting for Foreign Currency Transactions

Translation of Foreign Currency Financial Statements

Components; Interim Reports; Reporting for the Sec

Bankruptcy: Liquidation and Reorganization

Estates and Trusts

Nonprofit Organizations

Governmental Entities: General Fund

Governmental Entities: Other Governmental Funds and Account Groups

Governmental Entities: Proprietary Funds, Fiduciary Funds, and Comprehensive Annual Financial Report

Filters