When Equity Accounting Is Applied,how Is the Account Balance of the Investment

question 39

Multiple Choice

When equity accounting is applied,how is the account balance of the investment in the associate measured?

• A) At cost.
• B) At fair value.
• C) At cost initially, and thereafter at fir value.
• D) At cost plus adjustments for post-acquisition movements of profits and reserves.
• E) At fair value plus adjustments for post-acquisition movements of profits and reserves.

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Definitions:

Female Pelves

The bony structure of the lower abdomen in females, distinguished by its broader, shallower shape compared to males for childbirth.

Pelvic Outlet

The inferior opening of the pelvis, bordered by the coccyx, ischial tuberosities, and the inferior pubic symphysis, important in childbirth.

Iliac Crest

The curved upper border of the ilium, the largest bone of the pelvis, serving as an attachment point for abdominal and thigh muscles.

Patellar Tendon

The tendon that connects the patella (kneecap) to the tibia (shinbone), playing a crucial role in the extension of the knee.