Question
Under the ________ method, the parent's share of the subsidiary's dividends reduces the Investment in Subsidiary account balance. a. None of these b. acquisition c.
Under the ________ method, the parent's share of the subsidiary's dividends reduces the Investment in Subsidiary account balance.
a. None of these
b. acquisition
c. cost
d. equity
*b and c are incorrect, explain your answer.
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Robo Auditing Using Artificial Intelligence To Optimize Corporate Finance Processes
Authors: Patrick J.D. Taylor, Manish Singh, Nathanael J. L'Heureux
1st Edition
1544511442, 978-1544511443
