Monolithic Lumber has purchased timber from Bunyan Axe,the same wholly-owned subsidiary,for the last two centuries and plans to do so for another two centuries.It is crucial that Monolithic continue to demonstrate an agile company scope.

Question

Quizplus · Accepted Answer

The statement contains a factual inaccuracy as it is not possible for a company to have planned transactions with a subsidiary for two centuries into the future, nor is it likely that any company has been dealing with the same wholly-owned subsidiary for the past two centuries due to the dynamic nature of business and corporate structures.

Monolithic Lumber Has Purchased Timber from Bunyan Axe,the Same Wholly-Owned