What are s What are the ess 3 What effect do these different treatments have on the financial statements? marks) hind using a pooling method over a purchase method? (marks) For the toolbar, pre ALT (PC or ALTENFO (M B I US Paragraph Arial 4 10pt xx, 3 ~ r " . BB- E 5 c s response. westion 11 In Japan, the pooling method is still permitted in business combinations Unlike the United States and the bed Kingdom, who grups Japan's grups, we "headless combinations" or "keiretsu and are built around trust and loyalty. As such, & is difficult to detegish a parent corporation among ships 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? marks) 3. What effect do these different treatments have on the financial statements? marks) For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac) BI IC Paragraph 3 Arial v 10pt IT Te +] EVE AVRV LXBQ 5 3r (1) Moving to another question will save this response. Question 11 In Japan, the pooling method is still permitted in business combinations. Unlike the United States and the United Kingdom, whose groups follow a hierarchical structure, J "headless combinations" or "keiretsu and are built around trust and loyalty. As such, it is difficult to distinguish a "parent" corporation among the relationships 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). B I US Paragraph v 10pt Arial >IT T - +] < < Av I. F BE (6) TOSHIBA