If One Company Owns More Than 50% of the Common

question 44

Multiple Choice

If one company owns more than 50% of the common stock of another company,

• A) a partnership exists
• B) a parent-subsidiary relationship exists
• C) the company whose stock is owned must be liquidated
• D) the cost method should be used to account for the investment

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Definitions:

Emerging Disease

A disease that has appeared in a population for the first time, or an existing disease that is rapidly increasing in incidence or geographic range.

Lysogenic Pathway

A type of viral lifecycle where the virus integrates its genetic material into the host's genome, replicating alongside it without causing immediate lysis.

Viral DNA

Genetic material in the form of DNA that composes the genome of a virus.

Cyanobacteria

Photosynthetic, aquatic organisms that can produce oxygen during photosynthesis, part of the bacterial kingdom.