U.S.GAAP view investments of over 50 percent of the voting stock of another company (for the purpose of controlling the other company at the broad policy-making level and at the day-to-day operational level) as
A) minority, passive investments.
B) minority, active investments.
C) majority, passive investments.
D) majority, active investments.
E) marketable securities.
Correct Answer:
Verified
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