A corporation in which another corporation (parent) has a controlling interest (voting interest of more than 50 percent). The investment in the subsidiary is presented as a long-term investment on the financial statements of the parent.
(a) arbitrageurs
(b) effective-interest method
(c) subsidiary
(d) call option
Ans: (c) subsidiary
Business
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Social capital refers to an individual's knowledge of the "right" behavior used in the realm of the upper class
Indicate whether the statement is true or false
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