What is the most likely reason why a company may take steps to avoid consolidating another company A Consolidation increases leverage B Consolidation is confusing, since the other company 's account balances are hard to find C Consolidation reduces total assets D Consolidation requires the parent c...

The detailed answer for the above question is provided below Th ...

What is the most likely reason why a company may take steps to avoid consolidating another company?

Fantastic news! We've Found the answer you've been seeking!

Question:

What is the most likely reason why a company may take steps to avoid consolidating another company?

	A.	Consolidation increases leverage.
	B.	Consolidation is confusing, since the other company's account balances are hard to find.
	C.	Consolidation reduces total assets.
	D.	Consolidation requires the parent company to maintain the subsidiary's books.

Related Book For answer-question

Government and Not for Profit Accounting Concepts and Practices

ISBN: 978-1118155974

6th edition

Authors: Michael H. Granof, Saleha B. Khumawala

See More Books

Posted Date: Feb 02, 2024 05:48 AM

See More Questions

The revenue and expenditure statement that follows is from an annual report of the City of Fort Worth, Texas. It was accompanied by the notes that follow. Defeasance of Prior Debt During the year,...
The following is from the governmental funds balance sheet section of the Town of Libertyville's Comprehensive Annual Financial Report. 1. What is the most likely reason that there are no unassigned...
The Palaima City government provides postemployment health care benets to retirees. Plan members contribute between $65 and $90 per month depending on age and marital status. The government...
Which is found in the java.sql package that come with the standard JDK? A. Only DerbyDriver B. Only MySqlDriver C. Only OracleDriver D. DerbyDriver, MySqlDriver, OracleDriver E. Only DerbyDriver and...
Name the two t tests used in hypothesis testing for one sample and for two independent samples.
At 31 December 20X1, Regina Realty Ltd. had the following items on the statement of financial position: The Class A preferred shares are redeemable in 20X11 at the investors option and are classified...
What is the primary purpose of admission-seeking questions?
Rondello Corporation manufactures a single product. The standard cost per unit of product is shown below. Direct materials1 pound plastic at $7.00 per pound ...... $ 7.00 Direct labor1.5 hours at...
Differentiate entity wide controls from transaction controls. Identify at least 3 types of entity wide controls and 3 types of transaction controls. Then, provide an example for each type of control...
In June 2021, Shanna purchased and placed into service an $11,000 piece of equipment for exclusive use in her business. She claimed the special depreciation allowance that year. In December 2023,...
Ben is the CEO of Pine Corp and owns 55% of the shares. Mary is Ben's wife. Joe is the CEO of Elm Corp and owns 50% of the shares. Helen is Joe's wife, and also Mary's sister. Which of the parties...
Mateo is a 8 month old infant who plays a baby on a tv show.he gets paid 1000 per show .he has 20 shows during the year. is this income taxable to little mateo ?
Rodrigo, a non-resident citizen, deposited his $2,000,000 savings in a 2-year time deposit in Blue Bank, a depositary bank under the expanded foreign currency deposit system. The deposit pays 8%...
1. (80pt) For each of the following languages, prove, without using Rice's Theorem, whether it is (i) in D, (ii) in SD but not in D, or (iii) not in SD. 1 L = { | {, ab, abab} CL(M)} 2 L2 = { | L(M)...
Toward the middle of the harvesting season, peaches for canning come in three types, early, late, and extra late, depending on the expected date of ripening. During a certain week, the data to the...
On incorporation, Dee Inc. issued stock at a price in excess of its par value. No other stock transactions occurred except treasury stock was acquired for an amount exceeding this issue price. If...
Activator rod AB exerts on crank BCD a force P directed along line AB. Knowing that P must have a 100-N component perpendicular to arm BC of the crank, determine (a) The magnitude of the force P, (b)...
Vision for Kids, a clinic funded by the Community Health Plan, a not-for-prot agency, provides eye examinations, eye glasses, and eye-related medical care for children from low-income families....
A public school district recently converted its budget from an object to a program format. The district is organized into three instructional divisions: elementary school (kindergarten through grade...
In your government, appropriations for goods and services that remain encumbered at year-end are automatically carried forward to the next year. Thus, the budget for the following year must include...
A client who is a director of a publicly listed corporation is required by law to refrain from trading that companys stock at certain points of the year when disclosure of financial results are...
Consider the pairwise correlations of monthly returns of the following asset classes: Based solely on the information in the preceding table, which equity asset class is most sharply distinguished...
Investing the majority of the portfolio on a passive or low active risk basis while a minority of the assets is managed aggressively in smaller portfolios is best described as: A. The coresatellite...

What is the most likely reason why a company may take steps to avoid consolidating another company?

Question:

Expert Answer:

The detailed answer for the above question is provided below Th... View the full answer

Government and Not for Profit Accounting Concepts and Practices

Students also viewed these accounting questions