Create, Inc

question 71

Multiple Choice

Create, Inc., a domestic corporation, owns 90% of Vinyl, Ltd., a foreign corporation and Digital, Inc., a domestic corporation. Create also owns 60% of Record, Inc., a domestic corporation. Create receives no distributions from any of these corporations. Which of these entities' net income is included in Create's Federal income tax return for the current year, assuming that Create elects to include all eligible entities in its consolidated Federal income tax return?

• A) Create, Vinyl, Digital, and Record.
• B) Create, Vinyl, and Digital.
• C) Create, Vinyl, and Record.
• D) Create and Digital.

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Definitions:

Cultural Competence

The ability to understand, communicate with, and effectively interact with people across cultures.

Clinical Skill

The competency of healthcare providers in applying practical and theoretical knowledge within a clinical setting for effective patient care.

Tangible Gifts

Items or objects that can be physically touched and are given as presents.

Increase Access To Care

Efforts or measures taken to reduce barriers and enhance individuals' ability to obtain necessary healthcare services.