UWIE MITT QUESTION 7 5 points QUESTION THREE (5 Marks) a. Are only those entities in which another entity owns more than 50% of the issued shares classified as subsidiaries? b. If at acquisition the carrying amounts of a subsidiary's assets are not the same as fair value why does their value have to be adjusted when consolidated financial statements are prepared? For the toolbar, press ALT+F10 (PC) or ALTFN+F10 (Mac) B I V S Paragraph Arial 14px A2 T: 192 3 x X1 BEBE (1) Save and submit to save and suburt. Click Save all Answers to save all answers. Se All Answers Close Wodon Save and Sub