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  2. Topic
    Business
  3. Study Set
    Modern Advanced Accounting
  4. Exam
    Exam 7: Consolidated Financial Statements: Subsequent to Date of Business Combination
  5. Question
    Proponents of the Equity Method of Accounting Assert That Dividends
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Proponents of the Equity Method of Accounting Assert That Dividends

Question 29

Question 29

True/False

Proponents of the equity method of accounting assert that dividends declared by a subsidiary constitute revenue to the parent company.

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