Multiple Choice
What is (are) the reason(s) for the lack of representativeness of the unconsolidated accounts of the parent company when the parent company is a pure holding?
A) The income statement of the holding company does not include any of the traditional items such as 'sales revenue','cost of goods sold' or 'purchases'.
B) Revenues are essentially comprised of "management fees" and "investment income" which is the sum of all dividends received.
C) The balance sheet of the holding company probably does not include any significant amounts under accounts receivable,accounts payable,and inventories.
D) All of these
Correct Answer:

Verified
Correct Answer:
Verified
Q7: IAS 28 states that a substantial or
Q8: When applying the full consolidation mechanism,the financial
Q9: How are non-controlling [minority] interests reported in
Q10: What is the term used for the
Q11: What is the founding principle of full
Q13: Given the above data:<br>What is the rate
Q14: Which of the following statements is not
Q15: Which of the following statements is not
Q16: According to IAS 27 (old standard),control also
Q17: According to IAS 28,the existence of significant