The Venn Diagram Shows the Results of a Survey Asking

question 40

Multiple Choice

The Venn diagram shows the results of a survey asking registered voters if they would vote for proposition A or proposition B: How many surveyed would NOT vote for proposition A?

• A)46
• B)52
• C)98
• D)58

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Definitions:

Consolidation

The process of combining financial information from several departments or subsidiaries within a company into a single financial statement.

Controlling Financial Interest

A situation where an entity has the power to govern the financial and operating policies of another entity so as to benefit from its activities.

Consolidated Retained Earnings

The accumulated net income of a corporation and its subsidiaries after dividends have been paid out to shareholders, presented in the consolidated financial statements.

Acquisition

The act of obtaining control of another company by purchasing its shares or assets.