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WHAT IS 'ABSORPTION AND CONSOLIDATION'?

Answer Posted / ravindra

THERE ARE THREE STAGES WHEN COMPANY IS CLOSED
AMALGMATION
ABSORPTION
RECONSTRUCTION
ABSORPTION MEANS NOTHING BUT THE BIG COMPANY TAKING UP
SMALL COMPANY
CONSOLIDATION IS NOTHING CLUBBING OF DATA IS CALLED
CONSOLIDATION

Is This Answer Correct ?    29 Yes 5 No



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