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    Modern Advanced Accounting Study Set 3
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    Exam 4: Consolidation of Non-Wholly Owned Subsidiaries
  5. Question
    The Focus of the Consolidated Financial Statements on the Shareholders
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The Focus of the Consolidated Financial Statements on the Shareholders

Question 30

Question 30

Multiple Choice

The focus of the Consolidated Financial Statements on the shareholders of the parent company is characteristic of:


A) the Entity Theory.
B) the Proprietary Theory.
C) the Parent Company Theory.
D) both the Parent Company Theory and the Proprietary Theory.

Correct Answer:

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