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Method of consolidation

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › Method of consolidation

  • This topic has 1 reply, 1 voice, and was last updated 4 years ago by Hlopushka.
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  • September 25, 2020 at 6:23 pm #586717
    Hlopushka
    Member
    • Topics: 1
    • Replies: 1
    • ☆

    Please help, we have mock exam F3 and in b part one question divided opinion of all students:
    Which of the following statements regarding the method of consolidation is true :
    1 subsidiaries are consolidated in full
    2 associates are equity accounted
    Answers:
    1 neither statement
    2 statement 2 only
    3 both statements
    4 statement 1 only
    Thanks for everyone

    September 25, 2020 at 6:38 pm #586720
    Hlopushka
    Member
    • Topics: 1
    • Replies: 1
    • ☆

    What is the right answer?

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