Question:Which of the following statements about preparing consolidated financial statements is true? 

A The parent owns more than 50 percent of the voting stock of the subsidiary. 
B The parent owns 100 percent of the voting stock of a real estate subsidiary. 
C The parent owns 100 percent of the voting stock of a finance subsidiary. 
D All of these statements are true. 

+ Answer
A 

+ Explanation
Answer not sure

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Md. Habib Ullah

Editor, VCampus

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