Consolidated Net Income for a Parent and Its Partially Owned

question 41

Multiple Choice

Consolidated net income for a parent and its partially owned subsidiary would always be equal to the total of the parent company's net income:

• A)plus the subsidiary's net income and the net income of the minority interest.
• B)plus the minority percentage of the subsidiary's net income.
• C)plus the subsidiary's net income.
• D)plus the parent's share of the subsidiary's net income.

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Definitions:

Kaizen

A Japanese business philosophy of continuous improvement of working practices and personal efficiency.

Postmodern Organizations

Organizations characterized by a decentralized, flexible arrangement of activities that operate in the rapidly changing, complex environments of the postmodern era.

Neoliberalism

An economic and political ideology favoring free-market capitalism, deregulation, and a reduction in government spending.

Surveillance

The continuous observation of individuals, groups, or data to collect information, often used for protection, control, or data gathering.