Match Each of the Following Items with the Appropriate Description

question 146

Multiple Choice

Match each of the following items with the appropriate description, indicating whether the item increases or decreases the parent's basis in the stock of a subsidiary.
-Member's operating loss.

• A)Increases stock basis of subsidiary
• B)Decreases stock basis of subsidiary
• C)No effect on stock basis of subsidiary

---

Definitions:

Binge Drinking

The excessive consumption of alcohol in a short period of time, typically with the intention of becoming intoxicated.

Heavy Drinking

Consuming alcohol in excess of moderate drinking guidelines, often leading to health risks and alcohol dependency.

Drinking

The act of consuming liquids, often referring specifically to the ingestion of alcoholic beverages.

Ethanol

The variety of alcohol used in beverages.