?N ? A $\frac { \mathrm { N } } { \mathrm { A } }$

question 193

Multiple Choice

?N ? A $\frac { \mathrm { N } } { \mathrm { A } }$

• A) DS-valid.
• B) HS-valid.
• C) MT-valid.
• D) DA-invalid.
• E) MP-valid.

---

Definitions:

Cost Method

An accounting approach used for investments, wherein the investment is recorded at cost and adjusted only for dividends received, impairments, or changes in fair value.

Consolidated Income Statement

A financial statement that presents the combined financial results of a parent company and its subsidiaries as one single entity.

Income Tax Expense

The amount of money a company owes in taxes based on its taxable income for a given fiscal period.

Cost Method

An accounting method used for investments, where the investment is recorded at cost and earnings from the investment are recognized only when dividends are received.