Financial and Management Accounting

1: Amalgamation of firms takes place to 1. Avoid competition 2. Reduce unnecessary advertisement expenditure 3. Gain monopoly in the market 4. Have more capital and skill 5. To secure internal and external economies of scale. Select the correct answer using the codes given below:
A.

1,3,4 and 5

B.

2,3,4 and 5

C.

1,2, and 3

D.

1,2,3,4 and 5

 

Answer : D

Explanation :

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Option: A

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