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q.26 The acquisitions method for consolidation requires that all assets and liabilities of the subsidiary are reported using 100% of cost values at the combination

q.26
The acquisitions method for consolidation requires that all assets and liabilities of the subsidiary are reported using 100% of cost values at the combination date.
Select one:
True
False
q.27
Under the equity method of accounting parent-retained earnings and the consolidated-retained earnings are equal.
Select one:
True
Fals

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