In a multiple consolidation the ownership interests of subsidiaries is determined using:
A) direct ownership interests
B) indirect ownership interests
C) both direct and indirect ownership interests
D) none of the above

Question

Quizplus · Accepted Answer

In a multiple consolidation, both direct and indirect ownership interests of subsidiaries are used to determine the overall ownership structure of the consolidated group. This is because some of the subsidiaries may themselves own shares in other subsidiaries, which must be taken into account when determining the ultimate control and ownership of the group.

In a Multiple Consolidation the Ownership Interests of Subsidiaries Is