Question

U.S. GAAP criteria for consolidation are found in: A. ASC Topic 805 B. ASC Topic 350...

  1. U.S. GAAP criteria for consolidation are found in:

    A.

    ASC Topic 805

    B.

    ASC Topic 350

    C.

    ASC Topic 810

    D.

    ASC Topic 825

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Answer #1

ASC Topic 805 - Business combinations

ASC Topic 350 - Deals about Intangibles - Goodwill and others

ASC Topic 810 - Deals about Consolidation

ASC Topic 825 - Deals about Financial Instruments.

So answer is ASC TOPIC 810.

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