Match the Following Terms to Their Correct Definition

question 33

Multiple Choice

Match the following terms to their correct definition:
-result when the value of securities must be written up or down to fair market value at the balance sheet date,a process referred to as "marking to market"

• A)equity security
• B)debt security
• C)passive
• D)significant influence
• E)control
• F)parent
• G)subsidiary
• H)goodwill
• I)business combination
• J)minority interest
• K)fair value method
• L)unrealized gains and losses
• M)equity method
• N)consolidation worksheet