【多选题】When preparing a consolidated Statement of financial position the identifiable non monetary assets of the subsidiary need to be fair valueWhich of the following assets of the subsidiary need to be fai...
A.
Land and building appearing in the books of the subsidiary
B.
Trade receivables reported on the subsidiary’s balance sheet
C.
Brand name the cost relating to which the subsidiary has already fully written off
D.
Inventory reported on the subsidiary’s statement of financial position
【简答题】As to the nature, legal status, legal liability of the subsidiary , which of the following statement is correct?A. a subsidiary’ properties belong to the parent company which sets up the subsidaiaryB....
【单选题】When a parent company acquires a subsidiary, the amount paid for goodwill is equal to the amount paid by the parent company for its shares in the subsidiary company, less:
A.
The market value of those shares plus the parent's stake in the subsidiary's reserves
B.
The nominal value of those shares
C.
The market value of those shares
D.
The nominal value of those shares plus the parent's stake in the subsidiary's reserves
【单选题】Holding companies may give creditors of their subsidiary companies a ‘letter of comfort’ regarding the ability of the subsidiary to pay its debts. What is the legal effect of a 'letter of comfort'?
A.
It is legally binding on the holding company only
B.
It is legally binding on the subsidiary company only
C.
It is legally binding on the holding company and subsidiary company
D.
It is not legally binding on the holding company or subsidiary company