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A business combination occurs when a company acquires an equity interest in another entity and has: a. at least 20% ownership in the entity. b.
A business combination occurs when a company acquires an equity interest in another entity and has:
a. | at least 20% ownership in the entity. | |
b. | more than 50% ownership in the entity. | |
c. | 100% ownership in the entity. | |
d. | control over the entity, irrespective of the percentage owned. |
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