Which of the following statements relating to parent companies and subsidiaries are correct?
(1) A parent company could consolidate a company in which it holds less than 50% of the ordinary share capital in
certain circumstances.
(2) Goodwill on consolidation must be amortised over a period not exceeding ten years.
(3) Goodwill on consolidation will appear as an item in the parent company’s individual balance sheet.
(4) A subsidiary may be excluded from consolidation if it has not previously been consolidated and the parent’s
investment in it is held for resale in the near future.
A 1 and 4
B 2 and 3
C 1 and 2
D 3 and 4 A | 
发表于 2008-5-19 10:30
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