Question: When does a parent company ordinarily deconsolidate a subsidiary? When the parent loses all control of the subsidiary. Once the parent starts to report consolidated
When does a parent company ordinarily deconsolidate a subsidiary?
When the parent loses all control of the subsidiary.
Once the parent starts to report consolidated financial statements, it does not deconsolidate.
When the parent has less than of the outstanding voting interests.
When the parent has less than of the outstanding voting interests.
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