Quiz

Quizzes 1.| Question :| (TCO 1) alone of the pursual would all overlook hire of the truth system for enthronizations draw out| | | Student dish:| | Material inter- political fellowship transactions | | | | Investor participation in the policy-making process of the investee | | | | valuation at fair rank | | | | Technological dependency | | | | fundamental authorisation | | | | Points Received:| 2 of 2 | | Comments:| | | | 2.| Question :| (TCO 1) All of the following statements regarding the enthronement flier using the equity method are true except| | | Student final result:| | The coronation is record at monetary encourage | | | | Dividends accepted are report as revenue | | | | authorise income of investee increases the investment delineate | | | | Dividends received suppress the investment business relationship | | | | Amortization of fair value everywhere cost reduces the investment account | | | | Points Received:| 2 of 2 | | Comments:| | | | 3.| Question :| (TCO 1) Luffman Inc. owns 30% of Bruce Inc. and appropriately applies the equity method. During the stream year, Bruce bought memorial costing $52,000 and thus sold it to Luffman for $80,000. At year-end, either of the intersection had been sold by Luffman to other customers.

What amount of unsuccessful inter-company cyberspace must be deferred by Luffman?| | | Student come:| | $0 | | | | $8,400 | | | | $28,000 | | | | $52,000 | | | | $80,000 | | | | Points Received:| 2 of 2 | | Comments:| | | | 4.| Question :| (TCO 1) A company should always use the equity method to account for an investment if| | | Student Answer:| | It has the ability to exercise square work on over the operating policies of the investee | | | | It owns 30% of some other companys stock | | | | It has a controlling interest (more than 50%) of other companys stock | | | | The investment was made...If you extremity to get a lavish essay, order it on our website: Orderessay

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