The Changes in Accounting Standards Since Year 2008 Require

question 9

Multiple Choice

The changes in accounting standards since year 2008 require:

• A) dividends from pre-acquisition equity to be accounted for by parent as a return on investment in the subsidiary.
• B) dividends from post-acquisition equity to be accounted for by parent as revenue.
• C) all dividends from a subsidiary to be accounted for by parent as a return on investment in the subsidiary.
• D) all dividends from a subsidiary to be accounted for by parent as revenue.

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Mass Schooling

The system of providing formal education to large groups of the population, typically through public schools.

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A major movement within Western Christianity in the 16th century that led to the creation of Protestant churches, breaking away from the Roman Catholic Church.

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