Which of the Following Would NOT Be Presented on a Consolidated

question 53

Multiple Choice

Which of the following would NOT be presented on a consolidated balance sheet after the accounts of the parent and subsidiary have been combined?

• A)Liabilities of the subsidiary
• B)Stockholders' equity accounts for the parent
• C)Assets of the subsidiary
• D)Stockholders' equity accounts for the subsidiary

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Definitions:

Voting Rights Act

A landmark piece of federal legislation in the United States that prohibits racial discrimination in voting.

Racial Divide

The significant and persistent disparities and division between different racial and ethnic groups in areas such as socioeconomic status, health, education, and political representation.

National Party Politics

The operations and strategies of political parties at a nation-wide level, influencing governance and policy-making.

Medicare

A federal program in the United States, established in 1965, that provides health insurance to people who are 65 or older, certain younger people with disabilities, and people with End-Stage Renal Disease.