Which consolidation method does NOT include incorporating 100% of a subsidiary's revenues and expenses?
A)Parent-company method.
B)Parent-company extension method.
C)Proportional consolidation.
D)Entity method.

Question

Quizplus · Accepted Answer

Proportional consolidation only includes incorporating a proportionate share of the subsidiary's revenues and expenses. The other options (parent-company method, parent-company extension method, and entity method) all involve incorporating 100% of the subsidiary's revenues and expenses.

Which Consolidation Method Does NOT Include Incorporating 100% of a Subsidiary's