Knowledge quiz

It’s time to put what you’ve learned to the test, get all the questions right to pass this unit.

Q1.
At ABC Corporation, you are in the process of acquiring a French and Canadian subsidiary. You need to create a reclassifcation method to automate the accounting entries.
There are two correct answers.
Q2.
When you acquire new subsidiaries, you need to add them to the consolidation group with the consolidation method assignment. What methods are relevant to rule-based consolidation?
There are two correct answers.

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