Which of the following is false?

A A company that acquires a controlling interest of shares in another company is known as the parent or holding company.

B The owned (or partly owned) company is known as the subsidiary.

C Goodwill arising on consolidation occurs when the amount paid by the parent is more than the book value associated with the subsidiary.

D It is generally inappropriate to recognise goodwill except in special circumstances.

E None of the above. All are true.