_____ A parent could justifiably not consolidate a subsidiary that is:
A) Reporting substantial operating losses.
B) A bank of a parent company that is not a bank.
C) Newly formed and has not yet become profitable.
D) Does not distribute any of its earnings to its parent.
E) None of the above.

Question

Quizplus · Accepted Answer

The Answer of _____ A parent could justifiably not consolidate a subsidiary that is:
A) Reporting substantial operating losses.
B) A bank of a parent company that is not a bank.
C) Newly formed and has not yet become profitable.
D) Does not distribute any of its earnings to its parent.
E) None of the above.

_____ a Parent Could Justifiably Not Consolidate a Subsidiary That