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In a noncash purchase of a controlling interest in a firm, disclosure is required on the consolidated statement of cash flows as a(n) A. investing

In a noncash purchase of a controlling interest in a firm, disclosure is required on the consolidated statement of cash flows as a(n)

A. investing activity only.

B. financing activity and in the schedule of noncash financing

C. investing activity and in the schedule of noncash financing and investing activity.

D. financing activity only.

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