Ownership of 50% or more of the voting stock of another company implies an ability to ____________________ the company and _________________ should be prepared

Fill in the blank(s) with correct word

control, consolidated financial statements

Business

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Why is it important for an international firm to develop and maintain an effective accounting system? What accounting issues are faced by firms with subsidiaries in multiple countries? How can these problems be addressed?

What will be an ideal response?

Business

Explain how the number of interest-rate paths used in the Monte Carlo simulation methodology is determined

What will be an ideal response?

Business