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You Can Change the Order of Evaluation by Using Hyphens

question 41

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You can change the order of evaluation by using hyphens.


Definitions:

Purchase Accounting

An accounting method used in mergers and acquisitions to consolidate the financial statements of the buying and acquired companies.

Fair Market Value

An estimate of the market value of an asset, based on what a knowledgeable, willing, and unpressured buyer would likely pay to a knowledgeable, willing, and unpressured seller in the market.

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