A large film production company merges with a popular sound processing studio, resulting in the formation of a new company out of the two previously independent firms. This is most likely an example of a _____.
A. market extension merger
B. conglomerate merger
C. vertical merger
D. horizontal merger
Answer: C
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Pocono Co purchased a patent at the beginning of 2016 for $490,000 Economic benefits were expected for 7 years, but the patent's legal life was 20 years. Also during 2016, the company incurred research and development costs of $150,000 . Patent amortization expense for 2016 is
a. $24,500 b. $150,000 c. $72,143 d. $70,000
Which barrier to collaboration occurs when people are unable to work with the people they don't know well?
A. The not-invented-here barrier B. The search barrier C. The transfer barrier D. The hoarding barrier
The proper journal entry to record the receipt of inventory purchased on account in a periodic inventory system would be:
A) Jan 1 Inventory 450.00Accounts Payable 450.00 B) Jan 1 Office Supplies 450.00Accounts Payable 450.00 C) Jan 1 Purchases 450.00Accounts Payable 450.00 D) Jan 1 Purchases 450.00Accounts Receivable 450.00
The ________ facilitates the Scrum process and resolves impediments at the team and organizational level.
Fill in the blank(s) with the appropriate word(s).