When One Company Acquires Another Company It May Not Be

question 14

Short Answer

When one company acquires another company it may not be able to estimate the potential losses inherent in the acquired assets or the potential liability of the acquired company,for these reasons the acquirer may establish ________________________________________.

Understand the concept of cost behavior, including variable, fixed, and mixed costs.

Recognize how costs are allocated between cost of goods sold and inventory.

Understand the definitions and roles of managerial accounting within a business.

Identify the phases and processes of management, including planning, controlling, and directing.

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Definitions:

Middle Ages

The Middle Ages, also known as the medieval period, is a historical period in Europe spanning from the 5th to the late 15th century, characterized by feudalism, the rise of Christianity, and the first occurrences of bubonic plague.

Galen

An ancient Greek physician whose theories dominated Western medical science for well over a millennium.

The Canon Of Medicine

An encyclopedia of medicine in five books compiled by Persian philosopher Avicenna (Ibn Sina) and a cornerstone in the history of medicine.

Natural Selection

The process by which biological traits become either more or less common in a population due to the effect on the survival and reproduction of organisms.