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:

Net Present Value

A method used in capital budgeting to assess the profitability of an investment or project, calculating the present value of all cash flows associated with the investment.