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    Advanced Accounting Study Set 14
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    Exam 1: Introduction to Business Combinations and the Conceptual Framework
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    When a New Corporation Is Formed to Acquire Two or More
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When a New Corporation Is Formed to Acquire Two or More

Question 33

Question 33

Multiple Choice

When a new corporation is formed to acquire two or more other corporations and the acquired corporations cease to exist as separate legal entities, the result is a statutory:


A) acquisition.
B) combination.
C) consolidation.
D) merger.

Correct Answer:

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