ADVANCED FINANCIAL ACCOUNTING IA
ADVANCED FINANCIAL ACCOUNTING IA
12th Edition
ISBN: 9781260545081
Author: Christensen
Publisher: MCG
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Chapter 3, Problem 3.14Q
To determine

Introduction: The majority ownership in respect of consolidation means having an ownership of 50% or above of the shareholding of another company. Balance ownership other than the parent company ownership is known as minority interest.

To explain: The variety means to gain control over a company other than using majority ownership.

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ADVANCED FINANCIAL ACCOUNTING IA

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