Multiple Choice
Match the following terms to their correct definition:
-Debt investments that management intends to hold until the debt contract requires the borrower to repay the debt in its entirety
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:

Verified
Correct Answer:
Verified
Q50: Any transaction or set of transactions that
Q51: The _ treats the present value as
Q52: A transaction that brings together two or
Q53: If the investor owns over 50% of
Q54: _ securities are equity or debt investments
Q56: In transactions involving the borrowing or lending
Q57: The equity method of accounting is used
Q58: When a contract establishes a relationship between
Q59: Tom is saving for an engagement ring.
Q60: Match the following terms to their correct