Select True (T)or False (F)for Each of the Following Statements

question 93

Essay

Select True (T)or False (F)for each of the following statements:
_____ 1.A parent will recognize a gain or loss if it sells a portion of its investment in a subsidiary and maintains control after the sale.
_____ 2.A parent sells a portion of its investment in a subsidiary and no longer maintains control.This sale of shares represents a remeasurement event for the investee.
_____ 3.International financial reporting standards (IFRS)allow an option to value the noncontrolling interest with goodwill or to value the noncontrolling interest without goodwill.
_____ 4.Consolidated net income represents the combined net income of the parent and subsidiary after subtracting the noncontrolling interest in the net income of the subsidiary.
_____ 5.The total acquisition-date fair value of an acquired firm is the sum of the fair value of the controlling interest and the fair value of the noncontrolling interest.
_____ 6.When control of a subsidiary is acquired on a date other than the first day of a fiscal year,excess amortization expenses are pro-rated to include only the post-acquisition period.
_____ 7.For a mid-year acquisition following an equity method investment of the same company,the consolidated income statement will report consolidated revenues and expenses for the entire year.
_____ 8.In a step acquisition where the parent previously held a noncontrolling interest in the acquired firm,the parent remeasures the prior interest to fair value.
_____ 9.When a parent has control over a subsidiary with less than 100 percent ownership,and thereafter increases its ownership,the parent remeasures the prior interest to fair value.

Recognize cost focus and differentiation focus strategies and their targeting of specific market segments.

Discern between strategies based on the scope of competitive advantage and market targeting.

Analyze the importance of combining competitive scope with either a cost or differentiation emphasis.

Apply the concepts of generic business strategies to modern examples and assess their efficacy.

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Definitions:

Passive Audience

Individuals who consume media content without actively engaging or questioning the information presented to them.

Mass Media

Diverse media technologies that reach a large audience via mass communication, such as newspapers, television, and the Internet.

Face-To-Face Interaction

Direct communication between two or more individuals who are physically present with each other.

Stuart Hall

A British cultural theorist and sociologist known for his pioneering work in cultural studies and his contributions to the understanding of culture, identity, race, and media studies.