$20 750 Question 6 Complete Which of the following statements is not correct? Marked out of 1.00 Flag question A parent is an entity that has more than one subsidiary. Consolidated financial statements are financial statements of a entities presented as if that group was acting as a single econor g A subsidiary is an entity that is controlled by another entity. A group comprises a parent and all of its subsidiaries. ents e- Question 7 Complete Which of the following would not be an operating activity cash outflov Marked out of 1.00 Acquisition of intangible assets. sing