The Following Data Pertains to Questions

question 73

Multiple Choice

The following data pertains to questions
Parent and Sub Inc had the following balance sheets on July 31,2006: Yours Inc's Book Values were equal to their Fair Values on the date of acquisition,with the exception of Yours' Plant and Equipment,which was worth $100,000.
-What amount would appear in Yours' Investment Account after the Pooling of Interests in Question 29 has taken place?

• A)$200,000
• B)$12,000
• C)$100,000
• D)Nil

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Definitions:

Pollution

The introduction of harmful materials into the environment, negatively affecting air, water, and soil quality.

Environmental Assessment

A process used to evaluate the environmental impacts of a proposed project to ensure that decisions are made in an environmentally responsible manner.

EIS

Environmental Impact Statement, a document required for certain actions significantly affecting the quality of the human environment, detailing the impact and alternatives.

Public

The general population or community at large, especially as it interacts with or is affected by governmental policies or actions.