Under both IFRS and GAAP special purpose entities are consolidated when the firm is the "primary beneficiary."
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Q50: Investments in held-to-maturity debt investments must be
Q51: Equity or debt securities designated by the
Q52: Bond investments made to generate trading gains
Q53: Minority ownership occurs when a corporate investor
Q54: While both IFRS and GAAP require companies
Q56: IFRS reports all impairment losses for AFS-debt
Q57: In a pooling of interests,both companies are
Q58: The consolidated financial statements under a pooling
Q59: The unrealized holding gain or loss on
Q60: IFRS does not permit use of the
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