What is the most likely reason why a company may take steps to avoid consolidating another company?
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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
Government and Not for Profit Accounting Concepts and Practices
ISBN: 978-1118155974
6th edition
Authors: Michael H. Granof, Saleha B. Khumawala
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