Pure Joy (PJ) is a not-for-profit organization and has a relationship with Quick Kids (QK), another not-for

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Pure Joy (PJ) is a not-for-profit organization and has a relationship with Quick Kids (QK), another not-for profit organization. This relationship gives PJ the continuing power to determine the strategic operating, investing, and financing policies of QK without the co-operation of others. This control of PJ over QK is evidenced in part by PJ's ability to appoint 8 of the 12 members of QK's board of directors.
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How should PJ report its relationship with QK?
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Advanced Accounting

ISBN: 978-1118037911

1st Canadian Edition

Authors: Gail Fayerman

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