When a Parent Acquires 100% of the Voting Stock of a Subsidiary

question 74

Multiple Choice

When a parent acquires 100% of the voting stock of a subsidiary, that subsidiary:

• A) lives on as a separate legal entity
• B) continues to exist as an accounting entity, but it ceases to exist in any legal form
• C) ceases to exist as a separate legal entity, but it is still accounted for as a separate accounting entity
• D) automatically becomes part of one large legal entity that consists of the parent and the subsidiary together

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The action of duplicating data or files from one location to another; commonly used in computer operations to create a duplicate instance of a file.

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The action or command in computing to change the location of files, directories, or objects from one place to another.

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