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Question 1 QUESTION ONE (5 Marks) a. What is a business combination? Give two examples of business combinations and what are not business combinations. b.

Question 1 QUESTION ONE (5 Marks) a. What is a business combination? Give two examples of business combinations and what are not business combinations. b. The values given to the assets and liabilities in a business combination can be very different when they appear in the seller's accounts from the values appearing in the buyer's accounts. Why is this?

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