The Development and Expansion of ____ and ____, Are Among

question 63

Multiple Choice

The development and expansion of ____ and ____, are among several societal factors that are driving the growing popularity of direct marketing today.

• A)credit cards; computers
• B)telemarketing; bulk emailing
• C)mail-order firms; catalog houses
• D)telecommunications; door-to-door sales

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Definitions:

IFRS 3

An International Financial Reporting Standard that provides guidance on accounting for business combinations, requiring acquisition-related assets and liabilities to be recorded at fair value.

Business Combinations

Business Combinations are transactions or events through which one company gains control over one or more businesses, and such amalgamations can significantly impact the financial statements of the acquiring company.

Acquisition Method

An accounting technique used in mergers and acquisitions to consolidate the financial statements of the acquiring and acquired entities by recording assets at fair value and recognizing goodwill.

Voting Shares

Shares that give the shareholder the right to vote on matters of corporate governance.