Business combinations may be classified into what three types based upon the relationships among the combining entities?
belongs to book: ADVANCED ACCOUNTING|Debra C.jeter, Paul K.Chaney|7th edition| Chapter number:1| Question number:7
All Answers
total answers (1)
Accounting
- A horizontal combination involves companies within the same industry that have previously been competitors
- Vertical combinations involve a company and its suppliers/or customers
- Conglomerate combinations involve companies in unrelated industries having little production or market similarities
need an explanation for this answer? contact us directly to get an explanation for this answer