Fundamental Accounting Principles 22th Edition by John Wild ,Ken Shaw,Barbara Chiappetta

Exercise 33

Complete the following descriptions by filling in the blanks.
1. Consolidated ________ __________show the financial position, results of operations, and cash flows of all entities under the parent's control, including all subsidiaries.
2. The equity method with ______is used to account for long-term investments in equity securities with controlling influence.