Question: ASC Topic 8 0 5 provides standards for reporting business combinations. Which one of the following is most likely to be considered a business combination?

ASC Topic 805 provides standards for reporting business combinations. Which one of the
following is most likely to be considered a business combination?
a. Formation of a joint venture by two or more existing companies.
b. Formation of a new subsidiary.
c. Purchase of a controlling interest in an international company.
d. Merger of an existing subsidiary with a parent.
ASC Topic 805 provides standards for reporting business combinations. Which one

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