The term 'business combination' is defined in AASB $3/$IFRS $3$Business Combinations to include:ig questionTrue mergers or mergers of equals.An acquisition of a non$-$current asset.A transaction or other event in which a group of assets is acquired by an entity.A transaction or other event in which an acquirer obtainscontrol oflone or more businesses.a$.$ I and II b$.$ land IV onlyCland V only.d$.$ l$.$ and IV