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Two Entities a Limited and B Limited Together Form a Third

question 49

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Two entities A Limited and B Limited together form a third entity,C Limited.C Limited acquires A Limited and B Limited.In this situation,AASB 3 Business Combinations,adjudges that:


Definitions:

Timer Program

A software routine that allows a computer or device to execute a function or event after a specified interval of time.

Timer Starts

The initiation of a countdown or count-up process in programming or electronic circuits, used for timing operations.

Counter Program

A software or embedded logic in PLC systems designed to count instances, events, or operations, often used for automation and control tasks.

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