A Business Combination Is Defined in AASB 3/IFRS 3 as a Transaction

Multiple Choice

A business combination is defined in AASB 3/IFRS 3 as a transaction:

A) in which an acquiree obtains control of one or more businesses.
B) in which one entity obtains significant influence over one or more other entities.
C) or other event in which an acquirer obtains control of one or more businesses.
D) or other event in which an entity obtains control of one or more businesses.