Tertiarization Implies the Development of Industries in Which Historical Order

question 46

Multiple Choice

Tertiarization implies the development of industries in which historical order?

• A)agriculture->services
• B)agriculture->manufacturing->services
• C)services->agricultural->manufacturing
• D)services->manufacturing
• E)manufacturing->agriculture->services

---

Definitions:

Consideration Transferred

The total amount of cash, assets, or other resources given up by an acquiring entity to obtain control of another business in a business combination.

Fair Value

The monetary amount anticipated for the disposal of an asset or the fee for shifting a liability in a coordinated marketplace interaction on the appraisal day.

Bargain Purchase

The acquisition of an asset or company at a price significantly below its fair market value.

AASB 3

The Australian Accounting Standards Board's standard on Business Combinations, which provides the guidelines for accounting for the acquisition of businesses.