In the situation in which a subsidiary is only controlled temporarily, AASB 10 requires: O the...

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In the situation in which a subsidiary is only controlled temporarily, AASB 10 requires: O the subsidiary to be treated as an associate and equity accounting applied O the results of the subsidiary for the period of time that it was controlled to be included in the consolidated accounts O the investment to be reported at cost and dividends be accrued when declared O the investment be recorded at fair market value and any gain or loss on acquisition recognised immediately in the statement of comprehensive income In the situation in which a subsidiary is only controlled temporarily, AASB 10 requires: O the subsidiary to be treated as an associate and equity accounting applied O the results of the subsidiary for the period of time that it was controlled to be included in the consolidated accounts O the investment to be reported at cost and dividends be accrued when declared O the investment be recorded at fair market value and any gain or loss on acquisition recognised immediately in the statement of comprehensive income

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Correct answer D as temporary means a bound to be withheld so any gain or loss will ... View the full answer