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    Business
  3. Study Set
    Company Accounting
  4. Exam
    Exam 14: Associates and Joint Ventures
  5. Question
    Where an Entity Prepares Consolidated Financial Statements and Has an Investment
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Where an Entity Prepares Consolidated Financial Statements and Has an Investment

Question 19

Question 19

True/False

Where an entity prepares consolidated financial statements and has an investment in an associate, they have a choice of applying the equity method on consolidation or directly in their own books.

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