The Controlling Investor Is Referred to as The

question 53

Multiple Choice

The controlling investor is referred to as the:

• A)Owner
• B)Subsidiary
• C)Parent
• D)Investee
• E)Senior entity

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Definitions:

Pre-Tax Book Income

Earnings of a business before taxes are deducted, as reported in its financial books.

Tax Depreciation

The allocation of an asset's cost over its useful life for the purposes of tax deductions, according to IRS rules and schedules.

Book Depreciation

The method of calculating the depreciation of an asset for record-keeping and tax purposes.

Tax Rate

The rate at which a person or company's earnings are taxed.