To satisfy the continuity of business enterprise test, it is sufficient to show that the historic business has been discontinued. Selectone: True False Beta Corporibon owns assets valued at 51 milben with labilities of 5200,000 Alpha hokds assets valued at $350.000 with liabiities of 5150000 . Eeta transfers 200,000 thares of atock and 550,000 casth, and it accepts 5100,000 of Alpha's liabaties, in exchunge for all of the Apha assets. Alpha distributes the Beta stock to its shareholders for their Alpha stockand then ceases to exist a. 1368(93) b. 336(3)(1) (1) c. shegatrica (4 hiedaYi)m e. iseatartot t. ITeda)(1y/) 9. 436(saciyat In. Noike - tuisk a taable transacion To satisfy the continuity of business enterprise test, it is sufficient to show that the historic business has been discontinued Select one: True False To satisfy the continuity of business enterprise test, it is sufficient to show that the historic business has been discontinued. Selectone: True False Beta Corporibon owns assets valued at 51 milben with labilities of 5200,000 Alpha hokds assets valued at $350.000 with liabiities of 5150000 . Eeta transfers 200,000 thares of atock and 550,000 casth, and it accepts 5100,000 of Alpha's liabaties, in exchunge for all of the Apha assets. Alpha distributes the Beta stock to its shareholders for their Alpha stockand then ceases to exist a. 1368(93) b. 336(3)(1) (1) c. shegatrica (4 hiedaYi)m e. iseatartot t. ITeda)(1y/) 9. 436(saciyat In. Noike - tuisk a taable transacion To satisfy the continuity of business enterprise test, it is sufficient to show that the historic business has been discontinued Select one: True False