Which of the Following Conditions Will Allow Two Companies to File

question 69

Multiple Choice

Which of the following conditions will allow two companies to file a consolidated income tax return?

• A) One company owns less than 50 percent of the other company's voting stock but has the ability to significantly influence the other company.
• B) One company holds 50 percent of the other company's voting stock.
• C) One company holds 75 percent of the other company's voting stock.
• D) One company holds 83 percent of the other company's voting stock.
• E) None of these.

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Definitions:

ROM

Range of Motion; measures the extent of movement around a specific joint or body part.

Extremities

The limbs of the body, specifically the arms and legs.

Restrict Mobility

Measures or practices to limit an individual's physical movement, often for medical or safety reasons.

Scoliosis

Lateral spinal curvature.