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Current financial reporting standards require that consolidated financial statements of a parent and its partially-owned subsidiaries be prepared based on: a. full consolidation and the

Current financial reporting standards require that consolidated financial statements of a parent and its partially-owned subsidiaries be prepared based on: a. full consolidation and the economic unit concept b. full consolidation and the parent company concept c. proportional consolidation and the parent company concept d. proportional consolidation and the economic unit concept

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