B IS CORRECT. THE PROPORTIONATE CONSOLIDATION METHOD IS NOT ALLOWE...

11. - CFA 2018 LEVEL 2 FRA QUESTION BANK INTERCORPORATE INVESTMENTS QBANK
CFA 2018 LEVEL 2 FRA QUESTION BANK INTERCORPORATE INVESTMENTS QBANK

11. B is correct. The proportionate consolidation method is not allowed under U.S. GAAP.

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