If There Is a Balance in the Excess Loss Account

question 25

Short Answer

If there is a balance in the excess loss account when a subsidiary's stock is sold, the balance is recognized as ____________________.

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Definitions:

Type B

Often refers to a classification or category in various contexts, such as blood type, personality theories, or safety levels in equipment standards, requiring specifics to define completely.

Emissions Related

Pertains to components or systems in a vehicle that affect the type and amount of pollutants released into the environment.

Hard Code

The practice of embedding specific, often unchangeable data directly into a program's source code.

Diagnostic Trouble Codes

Specific codes generated by a vehicle's on-board diagnostics system indicating issues detected in the vehicle, serving as a guide for troubleshooting.