If There Is a Balance in the Excess Loss Account

question 103

Short Answer

If there is a balance in the excess loss account when a subsidiary's stock is sold, the balance is recognized as
____________________ gain/income.

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Definitions:

Person-Role Conflict

Occurs when there is a discrepancy between the expectations of a role and the personal values, beliefs, or needs of the individual occupying that role.

Differentiation Ambiguity

The uncertainty or confusion arising from the unclear distinction between roles, responsibilities, or identities within an organization or group.

Role Ambiguity

A situation where an individual lacks clear or sufficient information regarding their role, responsibilities, or expectations within a group or organization.

Interrole Conflict

A psychological conflict arising when the expectations of different roles an individual plays are in opposition.