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Under AASB 3, a business combination is: A) Bringing together of separate entities or businesses into one reporting entity B) The formation of an entity

  1. Under AASB 3, a business combination is:

    1. A) Bringing together of separate entities or businesses into one reporting entity

    2. B) The formation of an entity that consists of a number of separate entities that together

      forms a combined entity known as a Group

    3. C) Where one entity (the acquirer) obtains control of one or more other businesses (the

      acquiree)

    4. D) All the above

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