With Which of the Following Methods of Accounting for a Business

question 90

Multiple Choice

With which of the following methods of accounting for a business combination does consolidation of assets and liabilities occur only to the extent of the stock acquired by the parent?

• A)Pooling of interests
• B)The purchase method
• C)The new entity approach
• D)Proportionate consolidation

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Definitions:

Athletic

Relating to or involving the physical skills and activities of sports or exercise, often emphasizing strength, agility, and competitiveness.

Fine

In this context, the term "Fine" seems vague without additional context, making it difficult to provide a specific definition. NO.

Primitive

Referring to the earliest stages of development or historical periods, often characterized by simplicity or lack of complexity.

Sense of Touch

A complex sensory system part of the somatosensory system, allowing organisms to perceive pressure, temperature, and pain through skin contact.