The Two Business Entities Involved in an Investment in Securities

question 106

Multiple Choice

The two business entities involved in an investment in securities with controlling influence,for which consolidated financial statements are prepared,are known as:

• A)Parent and Investor
• B)Subsidiary and Investee
• C)Consolidator and Parent
• D)Parent and Subsidiary
• E)Both are referred to as partners.

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Definitions:

Convicted

The formal declaration that someone is guilty of a criminal offense, made by the verdict of a jury or the decision of a judge.

Gang Members

Individuals who are part of an organized group known for committing criminal activities and occupying certain territories or social spaces.

Criminal Acts

Actions that are in violation of the laws of a society and are punishable by that society through its legal systems.

Societies

Are collectivities of interacting people who share a culture and, usually, a territory.