When two companies form a joint venture and each company owns exactly 50% of the joint venture:
A. the cost method is used.
B. the equity method is used and line-by-line consolidation is required.
C. the company that has more net assets is deemed the parent.
D. the equity method is used and line-by-line consolidation is not required.
Answer: D
You might also like to view...
The public relations department issues a statement saying, "Unusual and unforeseen weather caused this accident. It was beyond our control." This statement is a form of:
A) expression of innocence B) excuse C) rationalization D) justification
Identify and discuss key essential sections of a résumé, and information that specifically should be excluded from the résumé
What will be an ideal response?
There will always be ________ in surveys because only those individuals who wish to fill out the survey will do so.
Fill in the blank(s) with the appropriate word(s).
Contractions are words formed by joining two words and ________________
a. inserting an apostrophe b. hyphenating them c. dropping letters d. shortening them