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    Company Accounting
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    Exam 13: Consolidation: Other Issues
  5. Question
    Reciprocal Shareholdings Exist When
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Reciprocal Shareholdings Exist When

Question 1

Question 1

Multiple Choice

Reciprocal shareholdings exist when:


A) a parent owns shares in a subsidiary.
B) a subsidiary owns shares in a parent only.
C) a parent owns shares in a subsidiary and in a joint venture.
D) a parent and a subsidiary own shares in each other.

Correct Answer:

verifed

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