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Gradebook ignment FULL Question 1 Which of the following types of entities are required to
prepare consolidated financial statements? Subsidiary entities Investee entities O Sibling entities
Parent entities Question Attempts: 0 of 1 us { Privacy Polcy I 2000-2018 John Wiley & Sons
Inc. All Rghts Reserved. A Division of 20hnwley asons to
Solution
Parent entities are required to prepare consolidated financial statements A parent entity is
one which owns more than 50% of the voting power of subsidiary entity or controls the Board of
Directors of a company Option 4is correct

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