Under Which of the Following Scenarios Would the Preparation of Consolidated

Multiple Choice

Under which of the following scenarios would the preparation of Consolidated Financial Statements NOT be justified?

A) A Company owns enough convertible securities,which,when exercised would provide it with more than 50% of B's voting shares.
B) A Company has purchased all of the assets of B Company.
C) 50% of B's assets have been placed under the custody of a trustee.
D) The workers of a Subsidiary's plant went on strike for an undetermined period of time.