Chapter 7 Quiz i 12 00:44:07 Index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/question-gra Which of the following statements is true concerning connecting affiliations and mutual ownerships? Multiple Cholce O O Saved In a mutual wnership, at least two companies in the consolidated group own portions of a third company. . There are only two companies in a connecting affiliation. In a mutual ownership, the subsidiary owns a portion of the parent's stock. There are at least four companies in a connecting affiliation. In a connecting affiliation, at least one subsidiary owns stock in the parent company