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    Intermediate Accounting Study Set 4
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    Exam 22: Accounting Corrections and Error Analysis
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    When a Large Corporation Purchases a New Business Which Is
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When a Large Corporation Purchases a New Business Which Is

Question 213

Question 213

True/False

When a large corporation purchases a new business which is included in consolidated statements for the year,it is not a change in a reporting entity,and it is handled prospectively.

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