![Mcqmate logo](https://mcqmate.com/public/images/logos/logo-black.png)
![Mcqmate logo](https://mcqmate.com/public/images/logos/logo-white.png)
McqMate
Q. |
When an existing company takes over the business of one or more existing companies, it is called…. |
A. | amalgamation |
B. | absorption |
C. | internal reconstruction |
D. | none of these |
Answer» B. absorption |
View all MCQs in
Corporate AccountingNo comments yet