Bayt.com

Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

A controlling interest in a company implies that the parent company ?

a. owns all of the subsidiary's stock.

b. has influence over a majority of the subsidiary's assets.

c. has paid cash for a majority of the subsidiary's stock.

d. has transferred common stock for a majority of the subsidiary's

outstanding bonds and debentures.

Accounting US GAAP Management
user-image
Question added by Moataz Elsabawy , مدير مالى , مجموعه شركات الانصار
Date Posted: 2016/10/24
Upvote (0) Views (3) Followers (1) Answers (1) Report Question
Write an Answer
Register now or log in to answer.
Jithin George
by Jithin George , Chief Accountant / Senior Financial Analyst , Halliburton Worldwide Ltd

c. has paid cash for a majority of the subsidiary's stock.

Write Your Answer
More Questions Like This