WHICH OF THE FOLLOWING METHODS IS NOT ALLOWED UNDER U.S. GAAP BUT...

11. Which of the following methods is not allowed under U.S. GAAP but is permitted under

IFRS?

A. Equity method.

B. Proportionate consolidation method.

C. Acquisition method.

LO.c: Analyze how different methods used to account for intercorporate investments affect

financial statements and ratios.