All of the following are acceptable methods to account for a majority-owned investment in subsidiary except
A) The equity method.
B) The initial value method.
C) The partial equity method.
D) The fair-value method.
E) Book value method.

Question

Quizplus · Accepted Answer

All of the methods listed, including the equity method, initial value method, partial equity method, and book value method, are acceptable ways to account for a majority-owned investment in a subsidiary. However, the fair-value method is not an acceptable method for accounting for a majority-owned investment in a subsidiary.

All of the Following Are Acceptable Methods to Account for a Majority-Owned