10. Assuming Company A had a 45% ownership in Company B, the appropriate accounting treatment would be a. Fair Value b. Equity c Consolidation d. Disclosure Only 11. When determining standalone value to allocate price to a performance obligation, the following is considered most appropriate, if available: a. Historic Cost b. Adjusted Market c. Expected Cost Plus Margin d. Residual 12. The Transaction Price is based on the: a. Discounted Present Value of all consideration paid and/or received b. Un-discounted Sum of all consideration paid and/or received c. Only discounted value of all considered received d. Only un-discounted sum of all consideration received 13. When a decrease in the effective tax rate is announced, this will cause management to deferred tax assets. a. Increase b. Decrease C. No Change d. Restate prior period