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When Preparing the Consolidation Workpaper for a Company and Its

Question 38

Multiple Choice

When preparing the consolidation workpaper for a company and its controlled subsidiary,which of the following would be used for the entities being consolidated?


A) Post-closing trial balances
B) Adjusted trial balances
C) Unadjusted trial balances
D) The adjusted trial balance for the parent and the unadjusted trial balance for all controlled subsidiaries

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