Under Both IFRS and U

question 19

Multiple Choice

Under both IFRS and U.S.GAAP,how should an investing entity report nonconsolidated subsidiaries?

• A)equity method
• B)fair value
• C)proportionate consolidation
• D)parent concept

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Definitions:

Social

Pertaining to human society, its organization, or the relationships among individuals within it.

Chronic Disease

A long-lasting condition that can be controlled but not cured, often requiring ongoing management over a period of years or decades.

Major Cause

The primary or most significant factor that contributes to a result or condition.

Acute Disease

A disease that has a sudden onset and typically a short duration, often requiring immediate treatment.