Economics · Accounting Standards
As per Accounting Standard 14 (AS-14), the types of amalgamation are:
- 1Amalgamation in the nature of merger and nature of absorption
- 2Amalgamation in the nature of purchase and nature of reconstruction
- 3Amalgamation in the nature of merger and nature of purchase✓
- 4None of the above
Correct answer
Amalgamation in the nature of merger and nature of purchase
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