Consolidated Statements for X, Y, and Z Are Proper If

question 10

Multiple Choice

Consolidated statements for X, Y, and Z are proper if

• A)​X owns 100% of the outstanding common stock of Y and 49% of Z; M owns 51% of Z.
• B)​X owns 100% of the outstanding common stock of Y and 75% of Z; X bought the stock of Z one month before the statement date and sold it 6 weeks later.
• C)​X owns 100% of the outstanding stock of Y; Y owns 75% of Z.
• D)​There is no interrelation of financial control among X, Y, and Z; however, they are contemplating the joint purchase of 100% of the outstanding stock of D.

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Definitions:

Nondirective

An approach in therapy where the counselor does not give advice or direction but instead facilitates the client's own process of finding solutions.

Congruence

The alignment or correspondence between one's internal feelings and external expressions, seen as essential in authentic communication.

Empathy

The ability to understand and share the feelings of another, crucial in building meaningful connections and providing effective support.

Positive Regard

A therapeutic concept referring to accepting and supporting a person regardless of what the person says or does, especially as a part of the humanistic approach.