Question: This is a timed question, just need answer as quickly as possible. Please and thanks Question 4 2 pts Which of the following statements best

This is a timed question, just need answer as quickly as possible. Please and thanks

This is a timed question, just need answer as quickly as possible.

Question 4 2 pts Which of the following statements best explains why consolidated financial statements are required when a parent company has controlling interest in a subsidiary? The companies are one entity in form, but are separate in substance O The companies are one entity in substance, but are separate in form The companies are one entity in both substance and form The companies are separate entities in both substance and form 1

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