Multiple Choice
Which consolidation concept mainly underlies the approach adopted in AASB 10?
A) proprietary concept
B) accrual concept
C) entity concept
D) parent-entity concept
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q6: Briefly outline the steps taken in order
Q7: On consolidation,the investment in subsidiary,shown in the
Q8: The consolidation process does not involve any
Q9: On 1 July 2012,Bob Ltd acquires
Q10: In the situation in which a subsidiary
Q12: When an investee is classified as an
Q13: Gingimup Ltd purchased all the equity
Q14: Directors have determined that goodwill acquired
Q15: On 1 July 2012,Felix Ltd acquires
Q16: Briefly outline the three main concepts of