TEST BANK FOR Advanced Accounting Joe Ben Hoyle 13th Edition
Chamberlian School of Nursing
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Exam (elaborations) TEST BANK FOR Advanced Accounting Joe Ben Hoyle 13th Edition
- Exam (elaborations) • 101 pages • 2021
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Multiple Choice: 
[QUESTION] 
1. Which one of the following accounts would not appear in the consolidated financial statements at the 
end of the first fiscal period of the combination? 
2. A) Goodwill. 
3. B) Equipment. 
4. C) Investment in Subsidiary. 
5. D) Common Stock. 
6. E) Additional Paid-In Capital. 
Answer: C 
Learning Objective: 03-01 
Topic: Consolidation―Overall effects 
Difficulty: 2 Medium 
Blooms: Understand 
AACSB: Reflective Thinking 
AICPA BB: Critical Thinking 
AICPA FN: Me...
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