On the Date of Acquisition,the Parent's Investment (In Subsidiary Account)is

question 12

Multiple Choice

On the date of acquisition,the parent's investment (in subsidiary account) is:

• A)revalued to fair market value
• B)replaced with 100% of the assets and liabilities of the subsidiary at fair market value.
• C)replaced with 100% of the assets and liabilities of the subsidiary at book value.
• D)replaced with the parent's pro rata share of the assets and liabilities of the subsidiary at fair market value

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Definitions:

Independent

Describes variables in an experiment or study that are manipulated or categorized separately from any other variables.

Normally Distributed

Describes a statistical distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean.

Mathematical Equation

A statement of equality between two expressions which holds true under certain conditions.

Independent Variable

A variable in an experiment or model that is manipulated to observe its effect on the dependent variable.