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  2. Topic
    Business
  3. Study Set
    Auditing A Business Risk Approach
  4. Exam
    Exam 14: Audit of Longer-Term Liabilities, equity, acquisitions, and Related-Entity Transactions, long-Term Liabilities, and Equity
  5. Question
    The Purchase of Another Company or Division Must Be Recorded
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The Purchase of Another Company or Division Must Be Recorded

Question 27

Question 27

Multiple Choice

The purchase of another company or division must be recorded on which basis?


A) pooling basis.
B) purchase basis.
C) push down basis.
D) merger basis.

Correct Answer:

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