Identify Which of the Following Statements Is True

question 54

Multiple Choice

Identify which of the following statements is true.

• A) In a tax- free reorganization, if the acquiring corporation uses nonmonetary boot property, gains or losses will be recognized by the acquiring corporation.
• B) In a tax- free reorganization, the acquiring corporation's holding period for the acquired properties includes the period of time the target corporation held the properties.
• C) The receipt of cash by a shareholder results in the recognition of all of his or her realized gain even if the transaction qualifies as a tax- free reorganization.
• D) All of the above are false.

---

Definitions:

Market-Product Strategies

Approaches that define how a company's products or services will be offered to meet the needs of specific market segments.

Market Share

The share of overall sales within an industry or market that a certain company acquires over a determined period.

Third-Party Logistics

Outsourced service providers that manage a company’s logistics, including transportation, warehousing, and fulfillment services.

Mission Statement

A short statement that defines an organization's purpose, objectives, and approach to reach those objectives.