In absorption there is one ……………………and no formation.

Related MCQs

• The vendor company transfers preliminary expenses (at the time of absorption) to:
• In external liquidations, there is one liquidation and one ………………
• ……….is the first stage in the formation of a public company
• The ratio which depicts the relationship between two items, one of which is drawn from the Balance Sheet and the other from the revenue account
• In case of .............., one existing company takes over the business of another company and no new company is formed
• In case of .............., one existing company takes over the business of another company and no new company is formed.
• In the case of ………………………. only one of the combining companies survives and the other losses its separate identity.
• When an existing company takes over the business of one or more existing companies, it is called….
• ………is a form of agreement between two parties in which one party agrees to make good for loss of another.
• …………..is an agreement between two insurance companies whereby one transfers a part of risk to other.