Consolidation financial statements are prepared when a parent-subsidiary relationship exists in recognition of the accounting principle concept of: a. Reliability b. Entity c. Materiality d. Going Concern

The meaning of goodwill in accounting is: Multiple Choice   The amount by which a company's value exceeds the value of its individual assets and liabilities.   Long term assets held as investment.   The support of the board of directors for the operating decisions of management.   The cost of developing, maintaining, or enhancing the value of a trademark.   Rights granted to an entity to deliver a product or service under specified conditions.

how difference the purchase and pooling method of accounting for business combinations