Consolidation of Financial Statement is required when the parent has control of its subsidiaries and Accounting for Associate is required when the parent has significant influence of its Associate. In your own words, compare the difference and what are the characteristics of control versus significant influence. List at least 3 factors for Control and 5 factors for Significant Influence 1
Consolidation of Financial Statement is required when the parent has control of its subsidiaries and Accounting for Associate is required when the parent has significant influence of its Associate. In your own words, compare the difference and what are the characteristics of control versus significant influence. List at least 3 factors for Control and 5 factors for Significant Influence 1
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Consolidation of Financial Statement is required when the parent has control of its subsidiaries and Accounting for Associate is required when the parent has significant influence of its Associate. In your own words, compare the difference and what are the characteristics of control versus significant influence. List at least 3 factors for Control and 5 factors for Significant Influence
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