Parent Company Has Two Subsidiaries, Alpha Inc

question 49

Multiple Choice

Parent Company has two subsidiaries, Alpha Inc.and Beta Inc.Beta Inc.has approached a bank for a loan for which Parent is going to provide a guarantee.Which of the following would be the most useful to the bank?

• A)The consolidated financial statements of Parent Company.
• B)The financial statements of Beta Inc.and Parent Company's unconsolidated financial statements.
• C)The financial statements of Beta Inc.and Parent Company's consolidated financial statements.
• D)The financial statements of Beta Inc.

---

Definitions:

Career Portfolio

A collection of documents and materials that showcase an individual’s skills, achievements, experiences, and learning. It often includes resumes, letters of recommendation, certifications, and examples of work, and is used to enhance job applications or academic admissions.

Portfolio Development

The process of creating a comprehensive collection of an individual's work products, projects, or achievements to showcase their skills.

Essential Elements

Fundamental components or factors necessary for a system or structure to function effectively.

Prospective Employer

A company or person that one is considering or being considered by for employment.