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

question 35

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) Goodwill amount created on acquisition.
• E) None of the given answers.

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Definitions:

Roman Coinage

The system of currency used in the Roman Empire, which facilitated trade and commerce across its vast territories.

Tarquinius Superbus

The seventh and last king of Rome, known for his tyrannical reign which eventually led to the establishment of the Roman Republic.

Julius Caesar

A Roman general, statesman, and dictator who played a critical role in the events that led to the demise of the Roman Republic and the rise of the Roman Empire.

Al-Khazneh

Known as The Treasury, a stunning facade carved out of a sandstone rock face in Petra, Jordan, believed to be constructed in the 1st century BC.