Examlex
Each group below contains one correct sentence. In each group, select the letter of the sentence that is correct. Which sentence is correct?
Proportionate Consolidation Method
An accounting technique where an investor reports its share of an investee's assets, liabilities, income, and expenses in proportion to its ownership percentage, without consolidating the financial statements.
Consolidated Balance Sheet
A financial statement that aggregates the assets, liabilities, and equity of a parent company and its subsidiaries into one document.
Goodwill
An intangible asset that arises when a buyer acquires an existing business, representing the premium paid over the fair value of its net assets.
Proportionate Consolidation Method
An accounting technique used for combining the financial statements of joint ventures, where the investor's share of each line item is included proportionally.
Q5: Select the letter of the correct words
Q9: The following sentences form a paragraph. For
Q13: Select the letter of the sentence that
Q14: If the sentence is correctly punctuated, select
Q16: Read the paragraph below and answer the
Q19: Select True if the statement is true
Q23: Each group below has been divided according
Q28: Select the answer that correctly adds the
Q32: For each group of sentences below, select
Q34: The following sentences form an essay. Select