The combination of two or more firms through a pooling of interest is referred to as a(n) ________.
A) acquisition
B) merger
C) procurement
D) appropriation

Question

Quizplus · Accepted Answer

The term "merger" is specifically used to refer to the combination of two or more firms through a pooling of interest. Option A) is incorrect because an acquisition involves one firm purchasing another firm. Option C) is incorrect because procurement refers to the process of obtaining goods or services. Option D) is incorrect because appropriation refers to the act of setting aside funds for a specific purpose.

The Combination of Two or More Firms Through a Pooling