题目内容

Under fair-value accounting for an equity investment, which of the following affects the income the investor recognizes from its ownership of the investee?

A. Intra-entity profits from upstream sales.
B. Other comprehensive income reported by the investee.
Changes in the fair value of the investor’s ownership shares of the investee.
D. The investee’s reported income adjusted for excess cost over book value amortization.

查看答案

搜索结果不匹配？点我反馈

更多问题

In translating a foreign subsidiary's financial statements, the temporal method requires the average exchange rate for the current year for the subsidiary's assets and liabilities.

A spot rate may be defined as the price a foreign currency can be purchased or sold today.

Subsequent to acquisition, changes in current fair values for assets and liabilities are recognized as a gain or loss.

When using the full equity method for equity investment of subsidiary, the direction of intra-entity sales affects investment balance of investor.