Corporate Accounting- II MCQ
B. Com- II Semester- IV Corporate Accounting Paper- II Multiple Choice Questions Module- I Amalgamation, Absorption and Reconstruction of the Companies 1. …………… is the form of business combination. a) Amalgamation b) Absorption c) Reconstruction d) All of the above 2. ………… means combining or consolidating two or more companies and to form a new company. a) Amalgamation b) Absorption c) Reconstruction d) All of the above 3. Accounting for amalgamation is made as per…………. a) AS-10 b) AS- 16 c) AS- 14 d) AS- 20 4. There are …………. Methods of amalgamation. a) Four b) Two c) Five d) Three 5. ……….. Means purchase of a business of an existing company by some other existing company.