In many countries,exceptions to the general rule that all subsidiaries must be consolidated are allowed)These exclusions could include any of the following except:
A)any subsidiaries that are under temporary control.
B)any subsidiaries that are immaterial in size.
C)any holding companies that are not actively engaged in any business activity.
D)any subsidiaries that are under reorganization or are bankrupt.

Question

Quizplus · Accepted Answer

Holding companies that are not actively engaged in any business activity are not typically excluded from consolidation based on the exceptions mentioned. The other options are common reasons for exclusion.

In Many Countries,exceptions to the General Rule That All Subsidiaries