BruceCoHas Accounted for the Revenue of Jiffy Mac,Inc

True/False

BruceCo.has accounted for the revenue of Jiffy Mac,Inc. ,one of its suppliers as though it were its subsidiary.BruceCo only owns 2% of Jiffy and does not exercise any influence or control,nor is it considered a Variable Interest Entity.BruceCo.has probably committed fraud because of its blatant misapplication of consolidation principles.