CPA MCQ
Accounting Chapter 17
Under U.S. GAAP, which of the following models may be used to determine if an investment is consolidated? Risk-and-reward model Voting-interest approach
Under U.S. GAAP, which of the following models may be used to determine if an investment is consolidated? Risk-and-reward model Voting-interest approach
Under U.S. GAAP, which of the following models may be used to determine if an investment is consolidated?
Risk-and-reward model Voting-interest approach
a. Yes No
b. No Yes
c. No No
d. Yes Yes
Answer: D
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