Question
When there are differences in the accounting policies adopted by the parent and its subsidiaries, the consolidated financial statements must(1 Point) reflect the subsidiarys accounting
When there are differences in the accounting policies adopted by the parent and its subsidiaries, the consolidated financial statements must(1 Point)
reflect the subsidiarys accounting policy
disclose such differences
be adjusted to reflect the accounting policy adopted by the group entity
ignore such differences
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Forensic Accounting And Fraud Investigation For Non-Experts
Authors: Stephen Pedneault, Frank Rudewicz, Howard Silverstone, Michael Sheetz
3rd Edition
0470879599, 9780470879597
