The usual impetus for transactions that create a long-term debtor-creditor relationship between members of a consolidated group
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a. subsidiary's ability to borrow larger amounts of capital at more favorable terms than would be available to the parent.
b.parent's ability to borrow larger amounts of capital at more favorable terms than would be available to the subsidiary.
c. parent's desire to decentralize asset management and credit control.
d. parent's desire to eliminate long-term debt.
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Database Systems A Practical Approach to Design Implementation and Management
ISBN: 978-0132943260
6th Edition Global
Authors: Thomas Connolly, Carolyn Begg
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