1. Define a Holding Company? What are its Objectives?

2. What is Cost of Control? How it is calculated?

3. What is Minority Interest? How it is calculated?

4. Give the Treatment of Revaluation of Assets at the time of acquisition of shares by the    
Holding Company?

5. How would you deal with the following items while preparing consolidated Balance Sheet?

(A) Pre acquisition and Post acquisition of Profit or Loss.
(B) Unrealised Profit.
(C) Goodwill.
(D) Fictitious Assets.