Which of the Following Is NOT a Change in Reporting

question 35

Multiple Choice

Which of the following is NOT a change in reporting entity?

• A) A company acquires a subsidiary that is to be accounted for as a purchase.
• B) A company presents consolidated or combined statements in place of statements of individual companies.
• C) A company changes the companies included in combined financial statements.
• D) A company changes the subsidiaries for which consolidated statements are presented.

---

Definitions:

Oxygen Gas

A diatomic molecule made up of two oxygen atoms (O2), essential for respiration in most terrestrial life forms and used industrially.

Fuel Source

A material that is consumed to produce energy, such as coal, oil, natural gas, or renewables like solar and wind.

Energy Form

Different manifestations of energy, such as kinetic energy, potential energy, thermal energy, electrical energy, chemical energy, and nuclear energy.

Mass-Energy Transfer

The concept that mass and energy are interchangeable, underpinning the principle of mass-energy equivalence.