Which parent-subsidiary relationship always arise

Assignment Help Financial Accounting
Reference no: EM132992597

Problem 1: Business combinations may be accomplished either through a direct acquisition of assets and liabilities by a surviving corporation or by stock investment in one or more companies. In accordance with the PFRSs, parent-subsidiary relationship always arise

Group of answer choices

Option 1: when more than 50% interest is acquired in the acquiree

Option 2: when a consideration is transferred in the combination

Option 3: when control is obtained by one of the combining constituents

Option 4: from a vertical or horizontal combination

Reference no: EM132992597

Questions Cloud

What is the total amount owing in clients control account : What is the total amount owing in the clients control account of A Africa to SA Attorneys after all transfers from the trust creditor account to the clients
What the entry on april in the book of first entry will be : On 1 April 2020, SA Attorneys paid the first instalment with an EFT. What the entry on 1 April 2020 in the book of first entry will be
What be recorded by the entity : What be recorded by the entity? Where will direct deposits that customers made into the entity's bank account, and that appear on the monthly bank
Create a customer quotation and sales order : Create a customer quotation and sales order, post the product, and create invoice - Display a screenshot of the new supplier you have
Which parent-subsidiary relationship always arise : In accordance with the PFRSs, parent-subsidiary relationship always arise? Business combinations may be accomplished either through direct acquisition of assets
How should long-term debt of the acquired company : In a business combination, how should long-term debt of the acquired company generally be recognized on acquisition date? fair value
Which business combination can be effected through : Which business combination can be effected through? purchase of all of the assets and assumption of all of the liabilities of an acquiree by the acquirer
What influence tactics did them use in battle for control : Once you have finished your research, Make sure to cite at least 3 of the required background readings in addition to articles about the Koch brothers in your p
What is expenses related to business combination should be : What is expenses related to the business combination should be included, in total, in the determination of net income of the combined corporation

Reviews

Write a Review

Financial Accounting Questions & Answers

  Prepare a production budget and manufacturing budget

Prepare a production budget. Ensure the accuracy of your data. Prepare a manufacturing budget. Ensure the accuracy of your data. Prepare a selling expense budget. Ensure the accuracy of your data.

  Accrual accounting approach in recording the transactions

Prepare entries in general journal form to record the following transactions in general fund general ledger accounts for fiscal year 2012. Please use the modified accrual accounting approach in recording the transactions.

  What were the stockholder equity-common stock

What were the stockholder's equity, common stock, and retained earnings at the beginning of 2018?

  Calculate the percentage change in operating income

Golding Company has decided to offer two types of computers: All-in-One desktops and Laptops. Golding provided the following unit data for each product: All-in-One Laptop Price $640 $400 Unit Variable Cost $520 $304 Projected Sales (units) 2,000 1,00..

  Calculate the merchandise inventory values

Calculate the merchandise inventory values

  Find and show the true cash balance as of april

Find and show the true cash balance as of April 30? The April 30 bank statement for Trimble Corporation shows an ending balance of $38,944.

  How does the company record the receipt of the note

How does the company record the receipt of the note? Do calculations for discount amortizations if applicable along with early journal entries

  How to obtain financial statements and other types

How to Obtain financial statements and other types of disclosures for 3 large publicly held banks in the United States. Analyze the disclosures for presence

  How many videos must be sold to break even

How many videos must be sold to break even? If 400,000 are produced, determine the Average Cost and Marginal Cost of each movie?

  Statements related to partnerships

Which one of the following statements related to partnerships is NOT correct?

  Ajax company appropriately accounts for certain sales

Ajax Company appropriately accounts for certain sales using the installment sales method. The perpetual inventory system is used. Information related to installment sales for 2016 and 2017 is as follows: 2016 2017 Sales $ 400,000 $ 500,000 Cost of sa..

  Clyde and bonnie are the only two shareholders in getaway

clyde and bonnie are the only two shareholders in getaway corporation. bonnie owns 60 shares with a basis of 6600 and

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd