Under Current Accounting Standards,a Dividend Declared by a Subsidiary from Pre-Acquisition

question 21

Multiple Choice

Under current accounting standards,a dividend declared by a subsidiary from pre-acquisition equity will be recognised by the parent company as:

• A) revenue.
• B) a reduction in the investment in subsidiary asset.
• C) not recognised.
• D) none of the above.

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Definitions:

Career Counseling

A guidance process helping individuals understand themselves and the world of work in order to make informed career, educational, and life decisions.

Group Services

Refers to the provision of support, assistance, or intervention programs to a group of individuals sharing common characteristics or needs, often used in social work, psychology, and educational settings.

Confidentiality

The ethical principle or legal right that a therapist, counselor, or business must not disclose information about a client to others without the client's consent.

Personality Disorder

A type of mental disorder characterized by enduring maladaptive patterns of behavior, cognition, and inner experience.