If a US Parent Corporation Owns More Than 50% of a Foreign

question 17

Multiple Choice

If a U.S. parent corporation owns more than 50% of a foreign corporation either in terms of market value or voting power, the foreign subsidiary is called a ______.

• A) controlled foreign corporation
• B) foreign affiliate
• C) foreign sales branch
• D) wholly-owned subsidiary
• E) None of the above

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Definitions:

Less Than

A mathematical term indicating that one quantity or number is smaller than another.

Z-scores

An analytical metric indicating the proximity of a particular value to the average value in a dataset, quantified by the number of standard deviations separating it from the mean.

Standard Normal Distribution

A standard normal distribution characterized by a mean equal to zero and a standard deviation equal to one.

Greater Than

A mathematical symbol (>) indicating that one value is larger or more than another value.