Which of the Following Statements Is True for a Consolidated

question 24

Multiple Choice

Which of the following statements is true for a consolidated statement of cash flows?

• A) Parent's dividends and subsidiary's dividends are deducted as a financing activity.
• B) Only parent's dividends are deducted as a financing activity.
• C) Parent's dividends and its share of subsidiary's dividends are deducted as a financing activity.
• D) All of parent's dividends and non-controlling interest of subsidiary's dividends are deducted as a financing activity.
• E) Neither parent's or subsidiary's dividends are deducted as a financing activity.

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Definitions:

Reliabilities

Reliability refers to the consistency and dependability of a system or process to perform its intended function under specified conditions over a certain period.

Backup

The act of copying data, files, or systems to a secondary location for preservation in case of failure or loss of the original.

Reliability

The measure of the probability that a system or component functions without failure under specified conditions for a specified period of time.