On Consolidation,the Investment in Subsidiary,shown in the Investor's Books,shall Be

question 7

Multiple Choice

On consolidation,the investment in subsidiary,shown in the investor's books,shall be eliminated in full against which of the following?

• A) assets and liabilities of the subsidiary
• B) post-acquisition shareholders' funds of the subsidiary
• C) share capital of the subsidiary acquired by the parent only
• D) none of the given answers

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Definitions:

Whiny

Characterized by a complaining or grumbling tone or behavior, often perceived as irritating.

Effective Service

Delivery of services in a manner that achieves desired outcomes efficiently and satisfactorily.

Judging

The process of forming opinions or conclusions about people or situations, often involving assessment against certain criteria or standards.

Criticizing

Criticizing involves expressing disapproval or pointing out the faults or mistakes of someone or something, often in a negative manner.