A Company That Owns More Than 50% of the Ordinary

question 221

True/False

A company that owns more than 50% of the ordinary shares of another entity is known as the parent company and usually prepares consolidates financial statements.

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Definitions:

Readers' Preferences

The interests, tastes, and reading habits of an audience, which influence their selection of texts and engagement with content.

Documents

Written, printed, or electronic materials that provide information or evidence.

Social-media Data

Information collected from online platforms where users interact, share content, and communicate, which is used for analytics and marketing strategies.

Private Companies

Businesses owned by individuals or groups that do not trade their stock publicly on the stock market.