Under the cost method, dividends from the subsidiary to the parent Oa. are recognized in income when received. Ob. are recognized in income when declared. c. are recognized in income when paid. d. do not affect income.

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter11: Differential Analysis And Product Pricing
Section: Chapter Questions
Problem 1DQ: Explain the meaning of (A) differential revenue, (B) differential cost, and (C) differential profit...
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Under the cost method, dividends from the subsidiary to the parent
Ⓡ a. are recognized in income when received.
b. are recognized in income when declared.
c. are recognized in income when paid.
Od. do not affect income.
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Transcribed Image Text:Under the cost method, dividends from the subsidiary to the parent Ⓡ a. are recognized in income when received. b. are recognized in income when declared. c. are recognized in income when paid. Od. do not affect income. Save Answer
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