Examlex

Solved

A Subsidiary Entity Sold Inventory to Its Parent Entity at a Profit

question 25

Multiple Choice

A subsidiary entity sold inventory to its parent entity at a profit of $8 000.The goods had originally cost the subsidiary $20 000.At the end of the year all the inventory was still on hand.The adjustment entry to deal with this transaction on consolidation would include the following line item:

Recognize the role of self-efficacy in health behavior change.
Acknowledge the importance of individual differences in predicting health behavior adherence.
Examine the effectiveness of various theories in predicting and changing health behaviors.
Understand the stages and processes of the transtheoretical model of behavior change.

Definitions:

Macro Security

The policies and safeguards implemented to protect computers and data from harmful macros, especially in office software.

Digital Signature

An electronic form of a signature that can securely associate a signer with a document in a recorded transaction.

Signature Line

In documents, a designated line where an individual is expected to sign, indicating approval, consent, or agreement to conditions or terms mentioned.

Hyperlink

A clickable reference or navigation element in a document or web page that leads to another section of the document or another web page.

Related Questions