Which of the Following Accounting Methods Is Used to Account

question 73

Multiple Choice

Which of the following accounting methods is used to account for controlling interest investments?

• A) cost method
• B) acquisition method
• C) consolidation method
• D) discounted cash flow method

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Definitions:

AND

A logical operator used in programming and mathematics that results in true only if all the operands are true.

Serial Number

A unique identifier assigned to individual items, often used for tracking and inventory purposes.

Time

A constant progression in which events pass from the past through the present to the future.

Currency

A system of money in general use in a particular country or region for the exchange of goods and services.