Leasing Subsidiaries Are Formed to Achieve Centralized Asset Management Through

question 43

Multiple Choice

Leasing subsidiaries are formed to achieve centralized asset management through leasing to affiliated firms, and when they are consolidated with the parent, they are consolidated​

• A)​only if the parent controls at least 20% of the leasing subsidiary.
• B)​only if the parent controls at least 50% of the leasing subsidiary.
• C)​only if the parent controls at least 90% of the leasing subsidiary.
• D)​regardless of the ownership percentage of the parent.

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Definitions:

Contracting Plan

A comprehensive document that outlines the strategy for procuring services, goods, and works necessary for completing a project.

Subcontractors

Third-party companies or individuals that are hired to perform a specific part of a project under the direction of a general contractor.

Relationship

The way in which two or more concepts, objects, or people are connected, or the state of being connected.

Key Supplier

A pivotal supplier crucial to the supply chain for its materials, services, or products, often due to their quality, reliability, or unique offerings.