Which Statement About the Differences Between Consolidation Methods Permitted Under

question 60

Multiple Choice

Which statement about the differences between consolidation methods permitted under ASPE and IFRS is true?

• A) IFRS and ASPE both require the use of the fair value enterprise method or the identifiable net assets method.
• B) IFRS and ASPE both require the use of the identifiable net assets method.
• C) IFRS permits either the fair value enterprise method or identifiable net assets method; ASPE requires the fair value enterprise method.
• D) IFRS permits either the fair value enterprise method or the identifiable net assets method; ASPE requires the identifiable net assets method.

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