A Transaction in Which Two or More Business Organizations Combine

question 57

Multiple Choice

A transaction in which two or more business organizations combine into a single entity is called a(n)

• A) acquisition
• B) merger
• C) consolidation
• D) none of the above

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Definitions:

Logical Reasoning

The process of using a rational, systematic series of steps to make deductions or conclusions based on presented premises or facts.

Graduate Record Exam

A standardized test that is an admissions requirement for many graduate schools in the United States and Canada.

Consistency

The quality of always acting or behaving in the same way, or the degree to which a substance holds together without breaking apart.

Criterion-Related Validity

The extent to which a measure is related to an outcome or criterion, used to predict an individual's performance or behavior in specific contexts.