Saturday, November 23, 2013

Quiz

Quizzes 1.| Question :| (TCO 1) every of the pursual would require use of the truth order for enthronizations except| | | Student reception:| | Material inter- political political party transactions | | | | Investor participation in the policy-making process of the investee | | | | valuation at fair cling to | | | | Technological dependency | | | | meaningful authorisation | | | | Points Received:| 2 of 2 | | Comments:| | | | 2.| Question :| (TCO 1) All of the following statements regarding the coronation explanation using the equity order are true except| | | Student Answer:| | The investment is record at cost | | | | Dividends true are describe as revenue | | | | Net income of investee increases the investment account | | | | Dividends received suppress the investment account | | | | 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 menstruum year, Bruce bought memorial costing $52,000 and then sold it to Luffman for $80,000. At year-end, both of the intersection had been sold by Luffman to other customers.
bestessaycheap.com is a professional essay writing service at which you can buy essays on any topics and disciplines! All custom essays are written by professional writers!
What amount of unrealised inter-company cyberspace must be deferred by Luffman?| | | Student Answer:| | $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 e quity method to account for an investment if! | | | Student Answer:| | It has the ability to exercise momentous work on over the operating policies of the investee | | | | It owns 30% of another(prenominal)(prenominal) companys stock | | | | It has a controlling interest (more than 50%) of another companys stock | | | | The investment was made...If you want to get a broad essay, order it on our website: BestEssayCheap.com

If you want to get a full essay, visit our page: cheap essay

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.