When an investor owns more than 50% of the common shares of another company,
A)consolidated financial statements are usually prepared.
B)the fair value through profit or loss model is used.
C)the investor is called a subsidiary.
D)the investor recognizes revenue only when dividends are received.

Question

Quizplus · Accepted Answer

The Answer of When an investor owns more than 50% of the common shares of another company,
A)consolidated financial statements are usually prepared.
B)the fair value through profit or loss model is used.
C)the investor is called a subsidiary.
D)the investor recognizes revenue only when dividends are received.

When an Investor Owns More Than 50% of the Common