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    Financial Accounting Study Set 11
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    Exam 13: Investments
  5. Question
    Consolidated Financial Statements Are Prepared When a Company Owns ________
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Consolidated Financial Statements Are Prepared When a Company Owns ________

Question 6

Question 6

Multiple Choice

Consolidated financial statements are prepared when a company owns ________ of the common stock of another company.


A) between 20% and 50%
B) 50% or more
C) more than 50%
D) more than 90%

Correct Answer:

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