Identify Which of the Following Statements Is True

question 12

Multiple Choice

Identify which of the following statements is true.

• A) Alpha Corporation acquires 100% of the assets of Beta Corporation in exchange for $75,000 of Alpha stock and $25,000 in cash. Beta is subsequently liquidated. This exchange qualifies as a Type C reorganization.
• B) Alpha Corporation acquires 100% of the assets of Beta Corporation in exchange for $75,000 of Alpha stock and the assumption of $25,000 of Beta liabilities. Beta is subsequently liquidated. This exchange does not qualify as a Type C reorganization.
• C) The acquired corporation in a Type C reorganization may retain its corporation charter.
• D) All of the above are false.

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Definitions:

Scheduled Deliveries

The planned or intended time for the arrival of goods.

On-time Rates

A measure used to evaluate the punctuality or timeliness of services, such as transportations or deliveries.

Scheduled Deliveries

A logistics or supply chain management term referring to the planned timing and routing of deliveries to optimize efficiency and meet customer expectations.

Organic Products

Chemical compounds consisting mainly of carbon and hydrogen, which are produced as a result of organic reactions.