A subsidiary company shall be excluded from consolidation when:

Related MCQs

• The Time interval between the date of acquisition of shares in subsidiary company and date of Balance Sheet of Holding Company is known as :
• Inter- company dividends are ……………………..to the cost of investment in the subsidiary company for calculating goodwill or capital reserve.
• Investments made by a holding company in a subsidiary company are always to be shown in ……………….
• The time interval between the date of acquisition if shares in subsidiary company and date of balance sheet of holding company is known as :
• Preparation of consolidated Balance Sheet of Holding Co. and its subsidiary company as per
• The share of outsiders in the Net Assets in subsidiary company is known as under :
• Pre-acquisition profit in subsidiary company is considered as:
• Holding Co. share in revenue profits of subsidiary company is adjusted in :
• Face value debentures of subsidiary co. held by Holding Company is deducted from
• Which Exchange rate will be considered for conversion of share capital of subsidiary company.