Recently There Have Been Several Mergers Involving Big Four Accounting

question 135

Multiple Choice

Recently there have been several mergers involving Big Four accounting firms. One such merger involved the firms of Arthur Young and Ernst & Whinney, who combined to form Ernst & Young. This is an example of a

• A) joint venture.
• B) horizontal merger.
• C) vertical merger.
• D) syndicate.
• E) conglomerate merger.

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Definitions:

Wavelength

The distance between successive crests of a wave, especially points in a sound wave or electromagnetic wave.

Amplitude

The height of a wave from its baseline, indicating the strength or intensity of the wave.

Hue

A basic property of color, determined by the specific wavelength of light, perceived as the name of the color, such as blue, green, or red.

Binocular Cue

Visual information taken from both eyes that enables perception of depth, distance, and 3D structure of objects.