The 2008 Annual Report of Bayer AG states: Subsidiaries that do not have a material impact on
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The 2008 Annual Report of Bayer AG states:
Subsidiaries that do not have a material impact on the Group's net worth, financial position or earnings, either individually or in aggregate, are not consolidated.
Discuss what criteria might have applied in determining that a subsidiary does not have a material impact.
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Related Book For
Financial Accounting And Reporting
ISBN: 9780273778172
16th Edition
Authors: Mr Barry Elliott, Jamie Elliott
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