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A subsidiary can be excluded from consolidation if A.the acquisition of an asset or group of assets constitutes a business. B.formation of joint ventures. C.acquisition
A subsidiary can be excluded from consolidation if
A.the acquisition of an asset or group of assets constitutes a business.
B.formation of joint ventures.
C.acquisition of a not-for-profit entity by a for-profit business.
D.control rests with the majority owner.
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