Which of the following observations is NOT consistent with the use of push-down accounting? A) The revaluation capital account is part of the subsidiary's stockholders' equity. B) No differential arises in the consolidation process. C) Revaluation Capital account is eliminated in preparing consolidated statements. D) Consolidating entries related to the differential are needed in the worksheets.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Which of the following observations is NOT consistent with the use of push-down accounting? A) The revaluation capital account is part of ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
All of the following are capital assets with the exception of A. equipment used in a trade or business. B. corporate stock held for investment. C. personal residence. D. a Rembrandt painting held in a private collection.
Answers (1)
Two firms compete by advertising. Given the payoff matrix to this advertising game, identify each firm's best response to its rival's possible actions.
Answers (1)
If the federal reserve increases its bond purchases, the short-run effects will be
Answers (1)
When the economy goes into recession the biggest increase in unemployment is?
Answers (1)
On January 1, 2018, Quinton Corporation issued 8% bonds with a face value of $100,000. The bonds are sold for $98,000. The bonds pay interest semiannually on June 30 and December 31, and the maturity date is December 31, 2022.
Answers (1)
New Questions in Business
a risk averse investor, which of the following four otherwise identical investment would you prefer? A. Security W, which exhibits a standard deviation of 2% and offers an average return of 12%. B.
Answers (1)
n a company's merit pay program, an individual's compa-ratio represents the individual's pay relative to company's average pay for that position. the individual's worth versus that of others in the organization.
Answers (1)
Some interview questions are designed to rattle you to see how you deal with stress. True or false.
Answers (2)
Organizational culture consists of three levels: Select one: a. assumptions, orientations, and beliefs. b. beliefs, values, and artifacts. c. artifacts, assumptions, and beliefs. d. assumptions, artifacts, and values.
Answers (1)
What term refers to a set amount of money kept in the cash register to make change with? A. Excess cash B. Standard cash stock C. Cash drop D. Cash float
Answers (1)