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Details

ACCT 2037 FINAL
MC DEFINITIONS
6
Accounting
Undergraduate 2
05/06/2012

Additional Accounting Flashcards

 


 

Cards

Term
no significant influence
Definition
owning less than 20 percent of a company
Term
significant influence
Definition
owning between 20-50 percent of a business
Term
control ownership
Definition
owning over 50 percent of the company
Term
market value method is used when...
Definition
ownership is no significant influence
Term
equity method is used when...
Definition
significant influence ownership scenarios
Term
consolidation method is used when...
Definition
a control ownership is present
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