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Which of the Following Statement(s)pertaining to Business Combinations Is FALSE

Question 42

Multiple Choice

Which of the following statement(s) pertaining to Business Combinations is FALSE?


A) They are long-term in nature.
B) They cannot include unincorporated entities.
C) They can never arise from the purchase of assets.
D) They can never arise from the purchase of assets nor can they include unincorporated entities.

Correct Answer:

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