Generally, if an investor holds more than 50% of a strategic investment, then the investor will prepare consolidated financial statements.

Question

Quizplus · Accepted Answer

When an investor holds more than 50% of a strategic investment, it typically indicates control over the investee, requiring the preparation of consolidated financial statements to reflect the financial position and results of both entities as a single economic entity.

Generally, If an Investor Holds More Than 50% of a Strategic