Which of the Following Statements Is Correct

question 36

Multiple Choice

Which of the following statements is correct?

• A) The legal acquirer under AASB 3/IFRS 3 and the accounting acquirer under AASB 10/IFRS 10 do not have to be the same entity.
• B) The entity identified under AASB 10/IFRS 10 as the parent will be the acquirer under AASB 3/IFRS 3.
• C) The legal acquirer is determined under AASB 3/IFRS 3 as the entity that issues the equity instruments.
• D) The accounting acquirer is the entity that becomes the controlling entity.

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Definitions:

Unscientific Thinking

Reasoning or beliefs not based on systematic methods, empirical evidence, or the scientific method, often encompassing superstitions or anecdotal evidence.

Mystification

The process of obscuring the true nature of situations, relationships, or social conditions, often to preserve power dynamics or prevent scrutiny.

Premature Closure

The cognitive error of coming to a decision or conclusion before all relevant information has been considered or all options have been evaluated.

Social Physics

An interdisciplinary field that uses mathematical tools and theories to understand and predict human social behavior and societal trends.