Company a Owns 25% of the Voting Shares and Has

question 12

Multiple Choice

Company A owns 25% of the voting shares and has significant influence over Company B. Which method(s) of accounting for the investment in B might be permissible under Australian accounting standards?

• A)cost method
• B)equity method
• C)consolidation method
• D)cost method or equity method

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Definitions:

Unintended Pregnancies

Pregnancies that are not planned ahead of conception, reflecting either a lack of desire for a child at any time or mistiming of pregnancy.

Proportion

A part, share, or number considered in comparative relation to a whole.

Lifetime Abortion Proportion

The percentage of women within a given population who have had an abortion at any point in their lives up to a certain age.

Hobby Lobby

An American chain of retail arts and crafts stores known for its involvement in a landmark Supreme Court case regarding religious freedom and contraception coverage.