Select “Correct” If the Sentence Is Punctuated Correctly, “Run-On” If

question 16

Multiple Choice

Select “correct” if the sentence is punctuated correctly, “run-on” if it is a run-on, and “comma splice” if it is a comma splice.
-Puerto Rico is not a state Puerto Ricans are citizens of the United States.

• A) correct
• B) run-on
• C) comma splice

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Definitions:

Business Combinations

Occurs when one company acquires control over another, either through the purchase of shares, assets, or a merger.

Pooling of Interests

An accounting method used in business combinations that treats the entities as if they have been combined retroactively, distributing the equity shares among the combined entity's shareholders.

Purchase Method

An accounting method used to consolidate the financial statements of a parent company and its subsidiaries, reflecting the purchase of one entity by another.

Statutory Consolidation

The process of combining the financial statements of a group of companies into one, as required by law, to present the financial condition and operations of the group as a single entity.