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  3. Study Set
    Advanced Accounting Concepts and Practice
  4. Exam
    Exam 3: Partially Owned Created Subsidiaries & Variable Interest Entities
  5. Question
    The Rationale Underlying the Parent Company Concept Is That the Reporting
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The Rationale Underlying the Parent Company Concept Is That the Reporting

Question 26

Question 26

True/False

The rationale underlying the parent company concept is that the reporting entity does not change as a result of the consolidation process.

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