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FinMan10e_BTest_ch13 - 10th Edition FINANCIAL MANAGERIAL...

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10th Edition FINANCIAL & MANAGERIAL ACCOUNTING CORPORATE FINANCIAL ACCOUNTING Warren/Reeve/Duchac Chapter Test 13B Score % Name Course Section NOTE: Each of the 25 correct answers is assigned a weight of 4%. FILL-IN-THE-BLANK—PRINCIPLES AND TERMINOLOGY—72% B
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TEST 13B (Concluded) INSTRUCTIONS: Complete the following statements by writing the appropriate words or amounts in the Answers column. For Scoring STATEMENTS Answers 0. Investment by one corporation in the controlling interest of another corporation is called a(n) .......................................................................... business combination 0. ____ 1. Equity and debt securities that are not classified as trading securities or held-to-maturity securities are classified as ............................................. 1. ____ 2. ________ investments are the only kind of investments that are classified as held-to-maturity investments. .............................................. 2. ____
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3. The changes in the value of available-for-sale securities are reported in ................................................................................................................... ................................................................................................................... 3. ____ 4. In what balance sheet account is the unrealized gain or loss on trading investments recorded? ............................................................................. 4. ____ 5. ________ securities represent ownership in a company. ....................... 5. ____ 6. Consolidated financial statements combine a parent company with its ..
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