The method of accounting for subsidiaries where investment income is limited to dividends received is the a. cost method.
The method of accounting for subsidiaries where investment income is limited to dividends received is the a. cost method.
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter21: The Statement Of Cash Flows
Section: Chapter Questions
Problem 17GI
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Question
The method of accounting for subsidiaries where investment income is limited to dividends received is the
a. |
cost method. |
b. |
simple equity method. |
c. |
investment method. |
d. |
sophisticated equity method. |
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