Multiple Choice
Pregler Inc.has 70% ownership of Sach Company,but should exclude Sach from its consolidated financial statements if
A) Sach is in a regulated industry.
B) Pregler uses the equity method for Sach.
C) Sach is in legal reorganization.
D) Sach is in a foreign country and records its books in a foreign currency.
Correct Answer:
Verified
Correct Answer:
Verified
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