If a Subsidiary Is Not Wholly Owned by the Parent

question 24

Multiple Choice

If a subsidiary is not wholly owned by the parent there are two ownership interests which are known as the:

• A) parent and non-parent interest.
• B) parent and non-group interest.
• C) parent and non-controlling interest.
• D) group and non-group interest.

---

Definitions:

Apportioning

The process of distributing or allotting something among various parties, often used in the context of legislative representation or resource allocation.

Northwest Territory

The historical region of the United States that encompassed the area northwest of the Ohio River, established by the Northwest Ordinance of 1787, and fundamental in the country's expansion westward.

Great Lakes

A group of five large freshwater lakes in North America, forming the largest group of freshwater lakes in the world by total surface and volume.

Appalachian Mountains

A mountain range in the eastern United States, extending from the province of Quebec in Canada to central Alabama in the U.S., known for its rich biodiversity and natural resources.