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    Business
  3. Study Set
    Advanced Accounting Concepts and Practice
  4. Exam
    Exam 4: Introduction to Business Combinations
  5. Question
    To Avoid Changing the Basis of Accounting for the Target
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To Avoid Changing the Basis of Accounting for the Target

Question 35

Question 35

True/False

To avoid changing the basis of accounting for the target company's assets, the acquiring company should acquire common stock instead of assets.

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