Total Business Volume
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Total business volume is calculated by adding the value of the sales of products and provision of services by the companies involved during their last fiscal year. In this calculation, which of the following have special rules to consider?
(a) fractional acquisitions
(b)interlinked companies
(c) companies with joint branches
(d) banks and financial institutions
(e)insurance companies. (Article 3 of Regulation No. 2)
(f) all of the above. Thanks.
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Solution Summary
This solution provides the best answer and explanation for the following multiple choice question: Total business volume is calculated by adding the value of the sales of products and provision of services by the companies involved during their last fiscal year. In this calculation, which of the following have special rules to consider?
Solution Preview
The correct answer is (f) all of the above.
Why? That is, there are special rules for each of the following: (a) fractional acquisitions ...
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