Where a Parent Acquires Additional Shares in a Subsidiary Subsequent

question 20

Multiple Choice

Where a parent acquires additional shares in a subsidiary subsequent to obtaining control the change is accounted for:

• A) in current year profit or loss;
• B) as an equity transaction;
• C) as an increase in the investment account;
• D) as an adjustment to goodwill.

Comprehend the methodology and findings of seminal conformity studies including Asch's line study and Sherif's autokinetic effect study.

Identify the types of social influence demonstrated in classic conformity studies.

Recognize personal and situational factors that influence an individual's likelihood to conform in group settings.

Understand the concept of social dominance theory and its implications for intergroup relations.

---

Definitions:

Quantity Demanded

Refers to the total amount of a good or service that consumers are willing and able to purchase at a given price level in a given period.

Demand

In economics, it represents consumers' desire to purchase goods and services at certain prices.

Diet Pepsi

A low-calorie carbonated soft drink produced by PepsiCo, serving as an alternative to Pepsi with fewer calories.

Diet Coke

A calorie-free soft drink produced and distributed by The Coca-Cola Company, introduced as an alternative to regular Coca-Cola for health-conscious consumers.