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    Advanced Accounting Study Set 3
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    Exam 8: Consolidations - Changes in Ownership Interests
  5. Question
    Whenever a Parent Ceases to Have a Controlling Interest,the Subsidiary
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Whenever a Parent Ceases to Have a Controlling Interest,the Subsidiary

Question 14

Question 14

True/False

Whenever a parent ceases to have a controlling interest,the subsidiary should be deconsolidated and recorded as either an equity method or cost method investment.

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