Match the following. Answers may be used more than once: Measurement Method A. Amortized cost B. Equity method C. Acquisition method and consolidation D. Fair
Match the following. Answers may be used more than once:
Measurement Method A. Amortized cost B. Equity method C. Acquisition method and consolidation D. Fair value method Reporting Method 1. Less than 20 percent voting stock ownership. 2. Current fair value. 3. More than 50 percent voting stock ownership. 4. At least 20 percent but not more than 50 percent voting stock ownership. 5. Bonds held to maturity. 6. Original cost less any amortization of premium or discount with the purchase. 7. Original cost plus proportionate part of the income of the affiliate less proportionate part of the dividends declared by the affiliate.
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Authors: Robert Libby, Patricia Libby, Frank Hodge
11th Edition
1264229739, 9781264229734
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