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    Advanced Accounting Study Set 3
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    Exam 8: Consolidations - Changes in Ownership Interests
  5. Question
    When a Parent/investor Sells an Ownership Interest,a Gain or Loss
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When a Parent/investor Sells an Ownership Interest,a Gain or Loss

Question 31

Question 31

True/False

When a parent/investor sells an ownership interest,a gain or loss is recorded where the interest sold leads to deconsolidation of a former subsidiary.

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