Following the Accounting Concept of a Business Combination,a Business Combination

question 22

Multiple Choice

Following the accounting concept of a business combination,a business combination occurs when a company acquires an equity interest in another entity and has

• A)at least 20% ownership in the entity.
• B)more than 50% ownership in the entity.
• C)100% ownership in the entity.
• D)control over the entity,irrespective of the percentage owned.

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Definitions:

Twin Study

A study design in research that compares the similarities among identical and fraternal twins to determine genetic and environmental influences on traits.

Adoption Study

A research method in behavioral genetics, comparing adopted children to their biological and adoptive parents to explore the nature vs. nurture debate.

Family Pedigree Study

A research design in which investigators determine how many and which relatives of a person with a disorder have the same disorder.