5. Net profit on consolidation workpapers is: a Adjusted under all circumstances b Adjusted when the parent

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5. Net profit on consolidation workpapers is:

a Adjusted under all circumstances b Adjusted when the parent uses the cost method c Adjusted when the parent uses the equity method d Not an account balance and, therefore, not subject to adjustment

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Advanced Accounting

ISBN: 9781292214597

13th Global Edition

Authors: Joseph H. Anthony, Bruce Bettinghaus, Floyd A. Beams, Kenneth Smith

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