Consolidation procedures for direct and indirect holdings are the same.

Name: Consolidation procedures for direct and indirect holdings are the same.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Consolidation procedures differ for direct and indirect holdings because direct holdings involve a parent company and its subsidiaries, where the parent company has direct control, while indirect holdings involve subsidiaries controlled through another subsidiary, requiring a layered approach to consolidation.

Consolidation Procedures for Direct and Indirect Holdings Are the Same