Question: without knowing which method the parent used to account for the subsidiary? c. If the parent uses the equity method, what consolidation entries would be

without knowing which method the parent used to account for the

without knowing which method the parent used to account for the subsidiary? c. If the parent uses the equity method, what consolidation entries would be used on a 2018 worksheet

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2. Find out if there are other reference points that can be used as reasonable alternatives.

1. Identify your reference point when making a decision based on an element of risk.

3. If there are reasonable alternatives, think about your decisions based on the different reference points and see if there are any contradictions in the decisions.