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For Company A, which owns 100% of Company B, consolidated financial statements are: Select one: a. Optional if the two firms retain their separate existence.

For Company A, which owns 100% of Company B, consolidated financial statements are:

Select one:

a. Optional if the two firms retain their separate existence.

b. Required only if Company B is subsumed into Company A.

c. Not possible.

d. Required only by the SEC.

e. None of the above

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Question

For Company A, which owns 100% of Company B, consolidated financial statements are: Select one: a. Optional if the two firms retain their separate existence.

For Company A, which owns 100% of Company B, consolidated financial statements are: Select one: a. Optional if the two firms retain their separate existence. b. Required only if Company B is subsumed into Company A. c. Not possible. d. Required only by the SEC. e. None of the above

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For Company A, which owns 100% of Company B, consolidated financial statements are:

Select one:

a. Optional if the two firms retain their separate existence.

b. Required only if Company B is subsumed into Company A.

c. Not possible.

d. Required only by the SEC.

e. None of the above