Lisa Co Paid Cash for All of the Voting Common Stock

question 33

Multiple Choice

Lisa Co. paid cash for all of the voting common stock of Victoria Corp. Victoria will continue to exist as a separate corporation. Entries for the consolidation of Lisa and Victoria would be recorded in

• A) A worksheet.
• B) Lisa's general journal.
• C) Victoria's general journal.
• D) Victoria's secret consolidation journal.
• E) The general journals of both companies.

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Definitions:

Stabilizing Selection

A type of natural selection that favors the average individuals in a population and works against extreme phenotypes.

Positive Selection

The evolutionary process in which genetic variations that are advantageous for reproduction and survival become more common in subsequent generations.

Frequency

The rate at which a particular characteristic or phenomenon occurs within a given population or area.

Fitness

In evolutionary terms, the ability of an organism to pass its genes to the next generation, often measured by the organism's reproductive success.