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Advanced Accounting 12th Edition by Joe Ben Hoyle,Thomas Schaefer , Timothy Doupnik
Edition 12ISBN: 978-0077862220Advanced Accounting 12th Edition by Joe Ben Hoyle,Thomas Schaefer , Timothy Doupnik
Edition 12ISBN: 978-0077862220 Exercise 11
What is push-down accounting
a. A requirement that a subsidiary must use the same accounting principles as a parent company.
b. Inventory transfers made from a parent company to a subsidiary.
c. A subsidiary's recording of the fair-value allocations as well as subsequent amortization.
d. The adjustments required for consolidation when a parent has applied the equity methodof accounting for internal reporting purposes.
a. A requirement that a subsidiary must use the same accounting principles as a parent company.
b. Inventory transfers made from a parent company to a subsidiary.
c. A subsidiary's recording of the fair-value allocations as well as subsequent amortization.
d. The adjustments required for consolidation when a parent has applied the equity methodof accounting for internal reporting purposes.
Explanation
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Advanced Accounting 12th Edition by Joe Ben Hoyle,Thomas Schaefer , Timothy Doupnik
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