The Best Means of Accounting for Business Combinations in Most

question 21

Multiple Choice

The best means of accounting for business combinations in most of the world is

• A) by disaggregating data by line of business.
• B) by disaggregating data by geographic area.
• C) consolidation of financial information.
• D) through parent company statements only, except in Anglo-Saxon countries.

---

Definitions:

Tanglewood

A famous music venue in Massachusetts known for its classical music concerts and as the summer home of the Boston Symphony Orchestra.

Alcoholics Anonymous

A worldwide fellowship that supports individuals in recovery from alcohol addiction through a 12-step program.

Holocaust

The genocide of approximately six million Jews and millions of others by the Nazi regime and its collaborators during World War II.

Nazis

Members of the National Socialist German Workers' Party, a far-right political group that ruled Germany from 1933 to 1945.