If a company owns more than 50 percent of the voting shares of an investee company, the investee company is also known as:

Question

Quizplus · Accepted Answer

When a company owns more than 50 percent of the voting shares of an investee company, it is considered to have control over the investee company, and the investee company becomes a subsidiary of the parent company. Therefore, the correct option is D, subsidiary company.

If a Company Owns More Than 50 Percent of the Voting