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Under GAAP for private enterprises (ASPE) an enterprise may elect to Multiple Choice Consolidate only...

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Accounting

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Under GAAP for private enterprises (ASPE) an enterprise may elect to Multiple Choice Consolidate only those subsidiaries that are homogeneous. Account for some subsidiaries by the cost method and some subsidiaries by the equity method. Consolidate all subsidiaries using the proportionate consolidation method. Multiple Choice Consolidate only those subsidiaries that are homogeneous. Account for some subsidiaries by the cost method and some subsidiaries by the equity method. Consolidate all subsidiaries using the proportionate consolidation method. Report its subsidiaries using either the cost method, the equity method, or at fair value

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