Question
A publicly traded company has several liabilities and transactions that are not included in its annual report. Many of these liabilities were actually incurred by
A publicly traded company has several liabilities and transactions that are not included in its annual report. Many of these liabilities were actually incurred by a wholly owned subsidiary. Is there any problem with leaving these transactions off the annual report?
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Accounting An Introduction
Authors: Eddie McLaney, Peter Atrill
2nd Edition
0273655507, 978-0273655503
