Purchase Solution

Cost/equity/consolidated method

Not what you're looking for?

Ask Custom Question

3. What are the criteria for using the cost, equity, or consolidated method of accounting?

Purchase this Solution

Solution Summary

This solution discusses the criteria for using various methods of accounting.

Solution Preview

Definition: Method of accounting : A bookkeeper's chronological list of related debits and credits of a business; forms part of a ledger of accounts.

There are three ways in which a company can account for the earnings of the companies that it invests in. The first is the same as the method that you or I would use. It's called the "cost method" and it records all income as ...

Purchase this Solution


Free BrainMass Quizzes
Basics of corporate finance

These questions will test you on your knowledge of finance.

Transformational Leadership

This quiz covers the topic of transformational leadership. Specifically, this quiz covers the theories proposed by James MacGregor Burns and Bernard Bass. Students familiar with transformational leadership should easily be able to answer the questions detailed below.

Organizational Behavior (OB)

The organizational behavior (OB) quiz will help you better understand organizational behavior through the lens of managers including workforce diversity.

Balance Sheet

The Fundamental Classified Balance Sheet. What to know to make it easy.

Organizational Leadership Quiz

This quiz prepares a person to do well when it comes to studying organizational leadership in their studies.