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  3. Study Set
    Advanced Accounting Study Set 3
  4. Exam
    Exam 3: An Introduction to Consolidated Financial Statements
  5. Question
    A Subsidiary Can Be Excluded from Consolidation When Control Does
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A Subsidiary Can Be Excluded from Consolidation When Control Does

Question 5

Question 5

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A subsidiary can be excluded from consolidation when control does not rest with the majority owner.

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