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which of the following internal record-keeping methods can a parent choose to account for a subsidiary acquired in a business combination? multiple choice initial value, equity, or partial equity. initial value, lower-of-cost-or-market-value, or equity. initial value, equity, or book value. initial value, lower-of-cost-or-market-value, or partial equity. initial value or book value.

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Initial value, equity, or partial equity can a parent choose to account for a subsidiary acquired in a business combination.

What is business combination?

A business combination is a deal in which one company acquires control of another (the acquiree). Business combinations are a frequent technique for organisations to expand in size, rather than organic (internal) growth. Combinations can be utilised to quickly gain market share, expand product lines, and enter new markets. A business is an integrated set of activities and assets that can offer a return on investment in the form of dividends, cost savings, or other economic benefits to investors. A normal business has inputs, operations, and outputs.

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