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  3. Study Set
    Financial Reporting
  4. Exam
    Exam 26: Consolidation: Controlled Entities
  5. Question
    A Subsidiary Is an Entity That
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A Subsidiary Is an Entity That

Question 19

Question 19

Multiple Choice

A subsidiary is an entity that:


A) is controlled by another entity.
B) exercises control over a parent entity.
C) has the power to control a parent entity.
D) has significant influence over a parent entity.

Correct Answer:

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