With the subsidiary approach, the earnings or losses of each subsidiary company also affect the parent firm.

Name: With the subsidiary approach, the earnings or losses of each subsidiary company also affect the parent firm.
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Question

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In the subsidiary approach, the financial results of the subsidiary, including its earnings or losses, are consolidated into the parent company's financial statements, thus affecting the overall financial performance of the parent firm.

With the Subsidiary Approach, the Earnings or Losses of Each