Which Consolidation Method Does Not Include Incorporating 100% of a Subsidiary's

question 30

Multiple Choice

Which consolidation method does not include incorporating 100% of a subsidiary's revenues and expenses?

• A)Proportionate consolidation
• B)Parent-company method
• C)Parent-company extension method
• D)Entity method

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Definitions:

Social Norms

The unwritten rules that dictate the acceptable behavior within a society or group.

Communication Systems

Systems that enable transfer of information between entities to facilitate comprehension and process coordination.

Norms

Shared beliefs or standards of behavior that are considered acceptable within a particular society or group.

Socially Acceptable

Refers to behaviors or actions that are generally considered appropriate, polite, or conforming to the norms and values of a society or community.