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    Advanced Accounting Study Set 12
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    Exam 4: Consolidated Financial Statements and Outside Ownership
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    A Parent Sells a Portion of Its Investment in a Subsidiary
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A Parent Sells a Portion of Its Investment in a Subsidiary

Question 31

Question 31

True/False

A parent sells a portion of its investment in a subsidiary and no longer maintains control. This sale of shares represents a remeasurement event for the investee

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