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Match the Following Terms to Their Correct Definition

Question 70

Multiple Choice

Match the following terms to their correct definition:
-Exists when another entity owes the security holder some combination of interest and principal


A) equity security
B) debt security
C) passive
D) significant influence
E) control
F) parent
G) subsidiary
H) trading securities
I) available-for-sale securities
J) held-to-maturity securities
K) amortized cost method
L) fair value method
M) unrealized gains and losses
N) equity method
O) consolidation worksheet
P) minority interest
Q) business combination
R) goodwill

Correct Answer:

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