On the Consolidated Statement of Financial Position,which Balances Differ

question 8

Multiple Choice

On the consolidated statement of financial position,which balances differ
Between the parent-company extension method and the entity method?

• A)Retained earnings and goodwill
• B)Retained earnings and non-controlling interest
• C)Goodwill and non-controlling interest
• D)Common shares and retained earnings

---

Definitions:

Memorability

The quality of being easy to remember due to being notable or remarkable.

Context-Dependent Learning

Context-dependent learning is the phenomenon where the context in which information is learned affects the ability to recall that information.

Mood-Congruent Memory

The tendency to recall information or events that are consistent with one's current mood, influencing and reinforcing emotional states.

Serial Position Effect

A memory phenomenon where items at the beginning and end of a list are more likely to be recalled than those in the middle.