he entity that obtains control over another business in a business combination called the

Q: Consider the following: I. The two important elements in the definition of business combination…

A: Sometimes a company wants to get the control on another company and for that they acquire the…

Q: Demonstrate the consolidation process when a corporate ownership structure is characterized by a…

A: A connecting affiliation exists when 2 or more entities within a particular business combination own…

Q: It is the bringing together of separate entities or businesses into one reporting entity. * O Merger…

A: Merger means 2 company's will together form into one company new Acquisition means one company will…

Q: Entity A and Entity B combined their businesses. The acquirer in the business combination is not…

A: When the acquirer in the business combination is not clearly identifiable then the following…

Q: Describe the different types of legal arrangements that can take place to create a business…

A: Corporation:   Business concerns which have a separate legal entity; and are owned by shareholders,…

Q: A subsidiary is an entity that: Select one: a. Has the power to control a parent entity. b. Has…

A: The subsidiary company in a corporate world, belongs to another company, which are known as parent…

Q: How important is intercompany activity on decisions to form business combinations? We see…

A: Business Combination: Any transaction or other event in which an acquirer (an investment entity)…

Q: Form of business that is legally created under Oman Commercial Law a. Cooperative b. Partnership c.…

A: Cooperative societies means that form of  activities which is run with the motive of mutual…

Q: What are the main drawbacks of adopting the stakeholder approach as the basis for setting the…

A: A business or an organisation is run to achieve the objectives set for the organisation. The…

Q: In a business combination, the acquiree is the business that: Select one: a. Finances the business…

A: Acquisition: The acquisition is the term that is used when one company acquires or purchases shares…

Q: Statement 1: The balance in the “allowance for mark-up” account represents the home office’s…

A: Financial statements are devised to ascertain the financial position of the entities.

Q: Acquisition accounting requires an acquirer and an acquirer to be identified for every business…

A: Business combination is the arrangement and agreement between two or more than two entities in which…

Q: The concept of an "artificial being" refers to which form of business organization? a. Partnership *

A: Business generally means a state of making a person engaged for earning livelihood. Artificial in…

Q: An entity shall determine whether a transaction or other event is a business com applying the…

A: An entity shall determine whether a transaction or other event is a business combination by…

Q: Which of the following is true about an organizational structure? It is either a sole…

A: Business organization means combination and coordination of different people for the purpose of…

Q: Demonstrate the consolidation process when a corporate ownership structure is characterized by…

A: Definition: A connecting affiliation exists when 2 or more entities within a particular business…

Q: What are different forms of business organization? Write down their advantages and disadvantages.

A: Sole proprietorship, partnership, and company are the three basic types of business ownership. In…

Q: An entity shall determine whether a transaction or other event is a business combination by applying…

A: In case if business combination the acquirer will get benefited control over a transaction

Q: Intra-entity transfers between the component companies of a business combination are quite common.…

A:

Q: Statement I: For each business combination, an acquiree is always identified. Statement I: The…

A: Solution Concept In the context of the business combination , the acquirer has to be identified to…

Q: Which of the following is an example of a principal and an agent respectively Oa Shareholder,…

A: Principal-Agent relationship is where a principal appoints an agent to act on their behalf and in…

Q: Explain the key steps in the acquisition method in accounting for business combination. Why Fair…

A: Business Combination- It is a situation when an entity acquires the business of other entity or…

Q: The rules that govern management and legal issues of a business are called A. ordinances B. bylaws…

A: Introduction: Business law, also known as commercial law or mercantile law, is a system of rules…

Q: In which of the following instances does Entity A have control over Entity B? A. Entity A is the…

A: Merger & Acquisition refers to the process of gaining ownership in the other organization by…

Q: Which of the following statements is true about goodwill? O a. Goodwill may be recorded when it is…

A: Goodwill is recorded when one company acquires another in a business combination and amount of…

Q: nizations? write down it's advan

A: There are 4 main types of business organization: sole proprietorship, partnership, corporation, and…

Q: What are the different financial risks in business acquisition and combination?

A: Financial risk is the risk that the company has overpaid or has got more leverage than required or…

Q: Differentiate among the major forms of business organization and describe what you consider to be…

A: Major Forms of Business Organization is as follows: 1. Sole Proprietorship  2. Partnership  3.…

Q: Which of the following is closest to IFRS 3 Business Combinations definition of control?   A company…

A: In accordance with IFRS 3, the Definition of “control”  An investor controls an investee when the…

Q: When a company expands by supplying independent business owners with an established business,…

A: Correct answer is Option: Business format franchise In a business format franchise, an organisation…

Q: A business created as a distinct legal entity composed of one or more individuals or entities is…

A: A distinct legal entity   that composed of one or more individuals or an entities

Q: Explain the appropriate goals of financial management for a company that runs under corporation form…

A: Financial management means planning, organizing, directing, and managing financial activities such…

Q: Determine if sole proprietorship, partnership, or corporation. Select all that is applicable between…

A: A corporation other enterprising entity engaging in commercial, industrial, or professional activity…

Q: Classify the business practices of bubble Box, and tea’s Cup according to its similarities to the…

A: A shareholder can be an individual, company, or institution that owns shares of the company,so one…

Q: React to this statement and cite an example “Whether or not it actually makes profits is immaterial.…

A: There are different types of business organizations.

Q: Statement I:  For each business combination, an acquiree is always identified. Statement II: The…

A: Every business combinations (i.e.) when an acquirer obtains control over acquiree is accounted in…

Q: Q: Compare the characteristics of organizational and legal forms of enterprises: Criteria The…

A: Meaning of LLC: - Limited liability companies (LLC) are referred to as entities with corporate…

Q: Explain what the separate entity assumption means whenit says a business is treated as separate from…

A: Accounting Assumption The accounting assumptions are the columns on which the accounting system is…

Q: Explain the co

A: Answer : An acquisition is defined as a company dealings wherever one company purchases some or all…

Q: 1. IFRS 3 defines it as a transaction or other event in which an acquirer obtains control of one or…

A: IFRS are international financial reporting standards, which consists of rules, guidelines,…

Q: Which accounting principle states that companies and owner should be treated as separate entities

A: A company is formed by the owner of the company but the owner is treated as separate entities and…

Q: How can the separate entity concept benefit the owner and the business

A: Separate entity concept: It refers to the practice of Recording separately the transactions of the…

Q: This distinguishes a business combination from other types of investment transactions. Obtaining of…

A: Business combination is defined as the transaction under which the acquirer gains the control over…

Q: Consolidation financial statements are prepared when a parent-subsidiary relationship exists in…

A: Financial statements show the financial performance/position of the business entity. It is prepared…

Q: What areadvantges and disadvantages of the corporate form of business organazations?

A: Business organization: The organization which is established with the motive of earning profit is…

Electronic Health Records, HIPAA, and HITECH

Electronic health records mean maintaining patients’ medical records in an electronic version. Electronic health records are patient-centric records that provide patient information immediately and enable the authorized person to access them. Electronic health records contain the details of patients, treatment details, medical records, radiology reports, and laboratory reports.