Mr Abdul Company face huge loss and Mr Ahmed Company also facing huge loss (Abdul Company + Ahmed Company) both joined together is treated as Select one: a. External reconstruction b. Merger c. Internal reconstruction d. Acquisition

Auditing: A Risk Based-Approach to Conducting a Quality Audit
10th Edition
ISBN:9781305080577
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter16: Advanced Topics Concerning Complex Auditing Judgments
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Mr Abdul Company face huge loss and Mr Ahmed Company also facing huge loss (Abdul Company + Ahmed Company) both joined together is treated as

Select one:

a. External reconstruction

b. Merger

c. Internal reconstruction

d. Acquisition

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