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Home Q & A Board Other Fields Homework Help Business Accounting
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Tomm Tomm
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6 years ago
When a parent-subsidiary relationship exists between two companies:
A) the parent company must use the cost method to account for the subsidiary
B) the parent company will keep one set of accounting records covering both companies
C) the subsidiary company will keep one set of accounting records covering both companies
D) both the parent and the subsidiary will continue to keep their own separate accounting records as if the parent-subsidiary relationship does not exist
Textbook 
Financial Accounting, Canadian Edition

Financial Accounting, Canadian Edition


Edition: 5th
Authors:
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ACC 925
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AlexmosutheAlexmosuthe
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6 years ago
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Tomm Author
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6 years ago
This calls for a celebration Person Raising Both Hands in Celebration
Jose^2
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this is exactly what I needed
smi3
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2 hours ago
Thanks for your help!!
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