What Nation Was Created Out of the Partition of India

question 78

Multiple Choice

What nation was created out of the partition of India?

• A) Afghanistan
• B) Pakistan
• C) Burma
• D) Iraq

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Definitions:

Acquired Goodwill

The excess value paid for a company over the fair value of its identifiable net assets during an acquisition.

Non-controlling Interest

An equity interest in a subsidiary not held by the parent company, reflecting the share of the subsidiary's equity owned by external investors.

AASB 10

An accounting standard issued by the Australian Accounting Standards Board that outlines the requirements for the preparation and presentation of consolidated financial statements.

Subsidiary

A subsidiary is a company that is controlled by another company, referred to as the parent company, through ownership of more than half of its voting stock.