_____ a Valid Reason for Not Consolidating a Subsidiary Is

Multiple Choice

_____ A valid reason for not consolidating a subsidiary is

A) The subsidiary is an insurance subsidiary of a manufacturing company parent.
B) The parent does not take an active role in the management of the subsidiary's operations.
C) The subsidiary is entering the third month of a prolonged and bitter strike by its union employees.
D) The subsidiary is located in a foreign country.
E) None of the above.