Which One of the Following Is an Example of a Narrow

question 93

Multiple Choice

Which one of the following is an example of a narrow scope in a mission?

• A) transportation (vs. railroads)
• B) computers (vs. office equipment)
• C) health care (vs. hospitals)
• D) real estate (vs. apartments)
• E) telecommunications (vs. television)

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Definitions:

Previous Business Combination

Refers to a merger or acquisition that has occurred in the past where two or more entities combined to form a single entity.

Pre-acquisition Entry

Accounting entries made to record the assets and liabilities acquired from another company before the actual acquisition.

Shares in Subsidiary

Ownership stakes held in a subsidiary company by the parent company or other shareholders.

Acquisition Date

The date on which control of the assets and operations of an acquired company is transferred to the buyer.