Solved

Where the Investor Is Not a Parent, the Investor Applies

Question 30

Multiple Choice

Where the investor is not a parent, the investor applies:


A) the cost method to its associates in its own accounting records.
B) the equity method to its associates and subsidiaries in the consolidated financial statements.
C) the fair value method to its associates in its own accounting records.
D) the equity method to its associates in its own accounting records.

Correct Answer:

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