The company whose stock is owned by the parent company is called the
A)controlled company.
B)subsidiary company.
C)investee company.
D)sibling company.

Question

Quizplus · Accepted Answer

A subsidiary company is a company that is controlled by another company, referred to as the parent company. The parent company owns a majority of the subsidiary company's stock and has control over its operations and management.

The Company Whose Stock Is Owned by the Parent Company