Examlex

Solved

Choose the Word or Phrase in [ ] Which Will

question 54

Short Answer

Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
-A deficit on your income and expense statement will have [an | no] effect on your personal balance sheet.


Definitions:

Pooling Method

An accounting technique used in mergers and acquisitions where the assets and liabilities of the merging companies are combined using their book values, rather than being re-valued or adjusted.

Market Share

The portion of a market controlled by a particular company or product, often expressed as a percentage of total sales in that market.

Spin-off

A type of corporate restructuring where a company creates a new independent company from its existing operations, assets, or divisions.

Divestiture

The opposite of an acquisition. That is, a company sells a portion of its assets, often a whole division, to another firm or individual.

Related Questions