The Following Data Pertains to Questions

question 26

Multiple Choice

The following data pertains to questions
Parent and Sub Inc had the following balance sheets on December 31,2008: On January 1,2009 Parent purchased all of Sub Inc's Common Shares for $40,000 in cash.On that date,Sub's Current Assets and Fixed Assets were worth $26,000 and $54,000,respectively.Assuming that Consolidated Financial Statements were prepared on that date,answer the following:
-IAS 27 outlines the requirements for identifying the company that is the acquirer in a business combination when it's not clear who that is.Which is not a consideration in determining which company is the acquirer??

• A)If the means of payment is cash,which party is paying the cash.
• B)Relative holdings of voting shares in the combined entity.
• C)Voting rights of the respective parties after the combination of their businesses.
• D)Any by-laws or provisions of the incorporation acts of each company that details the manner in which a business combination will occur at law .

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Definitions:

Collaboration Center

An online platform or workspace that enables individuals and teams to work together, share resources, and communicate effectively regardless of location.

Suppliers

Entities that provide products or services to individuals or other businesses, often playing a critical role in supply chains and production processes.

Enterprise Networks

High-capacity networks that connect all of an organization's members, services, and devices to facilitate efficient cooperation and communication.

Embedded LANs

Local Area Networks integrated within a larger system, specially designed to support connectivity and communication for embedded systems.