Match the following terms with the appropriate definitions.
-A corporation controlled by another company when the controlling company owns more than 50% of the investee's voting stock.
A)Available-for-sale securities
B)Equity method
C)Parent company
D)Consolidated financial statements
E)Long-term investments
F)Unrealized gain (loss)
G)Trading securities
H)Return on total assets
I)Subsidiary
J)Held-to-maturity securities

Question

Quizplus · Accepted Answer

A subsidiary is a company that is controlled by another company, known as the parent company. The control is typically achieved through the ownership of more than 50% of the subsidiary's voting stock.

Match the Following Terms with the Appropriate Definitions