What Is a "Subsidiary

question 97

Multiple Choice

What is a "subsidiary"?

• A)An entity where unanimous consent is required by the owners.
• B)An entity that is controlled by another entity.
• C)An entity over which the investor has the ability to participate in decisions affecting the entity's operations.
• D)An entity that sells shares to the public.

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Definitions:

Management

The process of directing and controlling a group of people or an organization to achieve a set goal.

Attractive Offer

A proposal or deal that is highly appealing and likely to be accepted by its intended audience, often because of advantageous terms.

Strike

A collective work stoppage undertaken by employees to express grievances or demand improvements in terms and conditions of employment.

Union

An organization formed by workers in the same sector or profession, aimed at negotiating with employers for better wages, working conditions, and benefits.