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When consolidating two entities, the primary beneficiary will NOT measure and consolidate based on which of the following? Select one: a.The fair values of assets,
When consolidating two entities, the primary beneficiary will NOT measure and consolidate based on which of the following?
Select one:
a.The fair values of assets, liabilities and noncontrolling interest if the entities are not related parties
b.
The historical cost of assets, liabilities and noncontrolling interest if the entities are related parties
c.
The amount of assets, liabilities and noncontrolling interest that the primary beneficiary determines to be reasonable or close for estimating purposes
d.
a & b
e.
a, b, and c
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