Any transaction or set of transactions that brings together two or more previously separate entities to form a single accounting entity is called a
A)business plan.
B)business combination.
C)corporation.
D)joint venture.

Question

Quizplus · Accepted Answer

A business combination is defined as any transaction or set of transactions that brings together two or more previously separate entities to form a single accounting entity. The other options are not correct. A business plan is a written document that outlines a company's goals and strategies for achieving them. A corporation is a type of business entity that is legally separate from its owners. A joint venture is a business partnership in which two or more parties agree to combine their resources for a specific project or period of time.

Any Transaction or Set of Transactions That Brings Together Two