HJThamhain and D

question 33

Multiple Choice

H.J.Thamhain and D.L.Wilemon identify the ____ influence base as the legitimate hierarchical right to issue orders.

• A) assignment
• B) budget
• C) promotion
• D) authority

Recognize the adjustments necessary for intra-entity sales of inventory in preparing consolidated financial statements.

Identify the effects of the equity method of accounting on consolidation, particularly with regards to intra-entity transactions.

Understand the consolidation process including the elimination of intra-entity transactions.

Analyze the impact of intra-entity sales of inventory on consolidated financial statements.