All of the following are examples of how a parent company may lose control over a subsidiary and discontinue future consolidation,except:
A) The parent sells some of its interest in the subsidiary.
B) The subsidiary issues additional common stock.
C) The subsidiary comes under the control of the government or other regulator.
D) The subsidiary issues a stock dividend or a stock split.
Correct Answer:
Verified
Q18: Postage Corporation acquired 75 percent of Stamp
Q19: On January 1,20X6,Pumpkin Corporation acquired 70 percent
Q20: On January 1,20X6,Pumpkin Corporation acquired 70 percent
Q21: On December 31,20X8,Pancake Company acquired controlling ownership
Q22: On December 31,20X5,Paris Corporation acquired 60 percent
Q24: On January 1,20X6,Plus Corporation acquired 90 percent
Q25: On January 1,20X6,Plus Corporation acquired 90 percent
Q26: On January 1,20X8,Polo Corporation acquired 75 percent
Q27: On December 31,20X8,Pancake Company acquired controlling ownership
Q28: On December 31,20X5,Paris Corporation acquired 60 percent
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