At the Beginning of 2014,Parling Food Services Acquired a 90

question 11

Multiple Choice

At the beginning of 2014,Parling Food Services acquired a 90% interest in Simmons' Orchards when Simmons' book values of identifiable net assets equaled their fair values.On December 26,2014,Simmons declared dividends of $50,000,and the dividends were unpaid at year-end.Parling had not recorded the dividend receivable at December 31.A consolidated working paper entry is necessary to

• A)enter $50,000 dividends receivable in the consolidated balance sheet.
• B)enter $45,000 dividends receivable in the consolidated balance sheet.
• C)reduce the dividends payable account by $45,000 in the consolidated balance sheet.
• D)eliminate the dividend payable account from the consolidated balance sheet.

---

Definitions:

Ecological Perspective

A perspective on health promotion that considers nested levels of analysis, viewing mental health problems in the context of characteristics of the individual (for example, coping skills, personality traits); the microsystem (that is, the family and social network); the exo-system, which mediates between the individual, the family, and the larger society (for example, work settings, schools, religious settings, neighbourhoods); and the macrosystem (for example, social norms, social class).

Sociological Medicine

The study of how social factors, such as class, race, and relationships, impact health, disease, and healthcare practices.

Treatment Services

A broad range of professional medical or psychological interventions intended to manage or cure health conditions or disorders.

Community Psychology

The branch of psychology focused on understanding individuals within their social contexts and how societal factors such as socioeconomic status, community networks, and environment influence individual and community well-being.