When a Corporation Owns More Than 50 Percent of the Voting

question 26

Multiple Choice

When a corporation owns more than 50 percent of the voting stock in another corporation,it usually should report its investment by using (the)

• A)equity method.
• B)cost adjusted to market method.
• C)book value method.
• D)consolidated financial statements.

---

Definitions:

Fputs()

A function in C used to write a string to a file.

Fputc()

A standard library function in C used to write a character to a file or output stream.

Hexadecimal Byte

A data unit consisting of 8 bits represented in hexadecimal format, often used in computing to encode binary information.

EOF

Stands for End of File, a condition in a file or data stream indicating that there is no more data to read.