If One Company Owns More Than 50% of the Common

question 44

Multiple Choice

If one company owns more than 50% of the common stock of another company,

• A) a partnership exists
• B) a parent-subsidiary relationship exists
• C) the company whose stock is owned must be liquidated
• D) the cost method should be used to account for the investment

---

Definitions:

Respiratory diseases

Conditions that affect the lungs and other parts of the respiratory system, such as asthma, pneumonia, and COPD.

West Nile virus

A mosquito-borne virus that can cause neurological diseases and is primarily found in temperate and tropical regions.

Disease vectors

Living organisms such as mosquitoes or ticks that can transmit infectious pathogens between humans, or from animals to humans.

Immunization practices

Methods and schedules for administering vaccines to protect individuals and communities from infectious diseases.