Leasing Subsidiaries Are Formed to Achieve Centralized Asset Management Through

Multiple Choice

Leasing subsidiaries are formed to achieve centralized asset management through leasing to affiliated firms, and when they are consolidated with the parent, they are consolidated​

A) ​only if the parent controls at least 20% of the leasing subsidiary.
B) ​only if the parent controls at least 50% of the leasing subsidiary.
C) ​only if the parent controls at least 90% of the leasing subsidiary.
D) ​regardless of the ownership percentage of the parent.