05) Which of the following stateme consolidation is true: (1) Subsidiaries are consolidated in full (2) Associates are equity accounted Select one: O a. Neither statement O b. Statement (1) only c. Both statements O d. Statement (2)

05) Which of the following stateme consolidation is true: (1) Subsidiaries are consolidated in full (2) Associates are equity accounted Select one: O a. Neither statement O b. Statement (1) only c. Both statements O d. Statement (2)

SWFT Comprehensive Volume 2019

42nd Edition

ISBN:9780357233306

Author:Maloney

Publisher:Maloney

Chapter19: Corporations: Distributions Not In Complete Liquidation

Section: Chapter Questions

Problem 4BCRQ

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Concept explainers

Consolidation

Consolidation in general examination implies an asset oscillating between well-defined methods of trading status. Consolidation is commonly known as market indecisiveness, which completes when the asset's values move forward or backward the trading structure.

Question

05) Which of the following statement/s regarding the method of
consolidation is true:
(1) Subsidiaries are consolidated in full
(2) Associates are equity accounted
Select one:
O a. Neither statement
O b. Statement (1) only
c.
Both statements
O d. Statement (2)

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