points In Japan, the pooling method is still permitted in business combinations Unlike the United States and the United Kingdom, whose groups follow a hierarchical rudure Japan's grouse are described as "headless combinations' or 'keiretsu' and are built around trust and Soyalty As such, it is difficult to distinguish a parent porten among the on Each of the Following question Must answerd separately. 1. What are some of the problems of using the majority shareholder rule to consolidate Japanese financial statements? (2 marks) 2. What are the reasons behind using a pooling method over a purchase method? (2 marks) 3. What effect do these different treatments have on the financial statements? (2 marks) For the toolbar, press ALT-F10 (PC) or ALT+FN-F10 (Mac)