A merger is defined as the joining of two or more companies to form a single legal entity.

Related MCQs

• Merger where two companies are in the same or related industries but do not offer the same products, but related products and may share similar distribution channels, providing synergies for the merger is known as ____________ Merger.
• A merger of two or more companies that compete in the same industry.
• A form of corporate restructuring in which the entity's business operations are segregated into one or more components is known as __________________.
• A ______________ is defined as an entity that provides the right to use an asset for a period of time in exchange for consideration.
• ___________ establishes principles for presenting and preparing consolidated financial statements when an entity controls one or more other entities.
• __________ is the corporate management term for the act of reorganizing the legal, ownership, operational or other structures of a company for the purpose of making it more profitable or better organized for its present needs.
• A _________ includes the income and expenses of a subsidiary in the consolidated financial statements from the date it gains control until the date when the reporting entity ceases to control the subsidiary.
• _____________ establishes the principles that an entity applies when reporting information about the nature, amount, timing and uncertainty of revenue and cash flows from a contract with a customer.
• The objective of _________ is to establish the principles that an entity shall apply to report useful information to users of financial statements about the nature, amount, timing and uncertainty of revenue and cash flows arising from a contract with a customer.
• ____________ is the estimated remaining period, from the commencement of the lease term, without limitation by the lease term, over which the economic benefits embodied in the asset are expected to be consumed by the entity.