Which of the Following Is Not One of the Three

question 18

Multiple Choice

Which of the following is not one of the three ways of reporting on intercorporate equity investments?

• A)Consolidated reporting as if the two separate legal entities are an accounting entity using the purchase method.
• B)Consolidated reporting using the pooling method
• C)Non-consolidation using the equity method of accounting
• D)Non-consolidation using a fair market value approach

---

Definitions:

Inverse Demand Function

A mathematical representation showing how price adjusts based on the quantity demanded by consumers.

Tax Imposed

A compulsory financial charge or levy placed by a governmental organization on individuals, entities, or transactions.

Grapefruit

A large, round, citrus fruit with a more bitter taste than oranges, often segmented and used in cooking or eaten fresh.

Civic Authorities

Government officials or bodies that are responsible for the governance and administration of a specific geographical area, typically at the local level.