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  3. Study Set
    Modern Advanced Accounting
  4. Exam
    Exam 4: Consolidated Statements on Date of Acquisition
  5. Question
    Section 1625 of the CICA Handbook States That a Parent
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Section 1625 of the CICA Handbook States That a Parent

Question 39

Question 39

Multiple Choice

Section 1625 of the CICA Handbook states that a Parent can only require Push-Down accounting when it owns at least what percentage of the Subsidiary?


A) 80%
B) 75%
C) 90%
D) 95%

Correct Answer:

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