Which of the Following Statements About Consolidation Is Not True

Multiple Choice

Which of the following statements about consolidation is not true?

A) ​Consolidation is not required when control is temporary.
B) ​Consolidation may be appropriate in some circumstances when an investor owns less than 51% of the voting common stock.
C) ​Consolidation is not required when a subsidiary's operations are not homogeneous with those of its parent.
D) ​Unprofitable subsidiaries may not be obvious when combined with other entities in consolidation.