The SEC Requires Push-Down Accounting for SEC Filings of Subsidiaries

question 51

Multiple Choice

The SEC requires push-down accounting for SEC filings of subsidiaries when the subsidiary has no substantial publicly-held debt or preferred stock outstanding and

• A)the parent has substantial ownership (5% or greater).
• B)the parent has substantial ownership (20% or greater).
• C)the parent has substantial ownership (50% or greater).
• D)the parent has substantial ownership (90% or greater).

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Definitions:

Interpret

To explain the meaning of information, data, or actions to understand their significance or implications.

One-Sample Z-Test

A statistical hypothesis test used to determine whether the mean of a single sample is significantly different from a known or hypothesized population mean.

T-Test

An analysis technique designed to assess if the mean values of two separate groups differ significantly.

Sample Size

Refers to the number of observations or data points used in a study or experiment.