A relationship in which one corporation acquires a voting interest of more than 50 percent in another corporation. The investor corporation is referred to as the parent and the investee corporation as the subsidiary. Companies present the investment in the common stock of the subsidiary as a long-term investment on the separate financial statements of the parent.
(a) fair value
(b) controlling interest
(c) amortized cost
(d) speculators
Ans: (b) controlling interest
Business
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A purchase requisition is a document that is ________
A) sent to a supplier or vendor requesting that an item be shipped B) used internally to request that something be purchased C) used internally to approve a payment for inventory D) sent to a supplier along with payment for inventory purchased
Business
Media planners have added the role of marketing specialist to their other duties
Indicate whether the statement is true or false
Business