In………., an existing company’s financial structure is reorganized without liquidating the existing company and forming a new company.

Related MCQs

• 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.
• The purchase of an existing company which goes into liquidation by another existing company is known as …………..
• In …..., a new company is formed to take over the business of an existing company which goes into liquidation.
• Whether financial reviews by management, environment reports and value added financial statements are outside the scope of international financial reporting standards (IFRSs)?
• When an existing company takes over the business of one or more existing companies, it is called….
• Which of the following is true about financial statements? I)Financial statement gives a summary of accounts. II) Financial statements can be stated as recorded facts.
• Which of the following statements are true? I) Financial statements are only interim report. II) Financial statements are also known as annual records. III) Financial statements are historic.
• In ……………, a new company is formed to take over the business of two or more existing companies which go into liquidation
• While preparing the transferee company’s financial statement under amalgamation in the nature of merger, the assets and liabilities taken over from the transferor company should be incorporated at ----------