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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › Question regarding subsidiary relationship
Identify, by selecting the relevant boxes in the table below, whether each of the following factors indicate the existence of a parent – subsidiary relationship?
Greater than 50% of the preference shares being held by an investor
Non-controlling interest
Greater than 50% of preference shares and debt being held by an investor
Answer is Yes/No/No
I don’t understand, can you explain? Thanks
Have you watched my free lectures on group accounts? I explain in the lectures what indicates that one company is a subsidiary of another.