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Which of the Following Statements About IFRS 3, Business Combinations

Question 16

Multiple Choice

Which of the following statements about IFRS 3, Business Combinations is true?


A) IFRS 3 allows organizations to use either the parent-company method or the entity method.
B) IFRS 3 allows organizations to use either the parent-company extension method or the entity method.
C) IFRS 3 allows organizations to use either the parent-company method or the parent-company extension method.
D) IFRS 3 allows organizations to use either the parent-company method, the parent-company extension method, or the entity method.

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