Which of the following describes a situation when a parent company would not consolidate a foreign subsidiary?
A) Restrictions on foreign exchange in the foreign country.
B) Restrictions on transfers of property in the foreign country.
C) Other governmentally imposed uncertainties.
D) All of these.

Question

Quizplus · Accepted Answer

If any of these conditions exist, they may prevent the parent company from exercising control over the subsidiary, thus not requiring consolidation.

Which of the Following Describes a Situation When a Parent