In some situations, a parent company may consolidate only a portion of a legal entity.

Name: In some situations, a parent company may consolidate only a portion of a legal entity.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This can occur when the parent company does not own 100% of the subsidiary but has significant influence, leading to a situation where only the portion of the entity that the parent company controls is consolidated in its financial statements.

In Some Situations, a Parent Company May Consolidate Only a Portion