father-son-grandson business combination In a father-son-grandson business combi

father-son-grandson business combination
In a father-son-grandson business combination, which of the
following is true?

a) The father company always must have its realized income computed
first.
b) The computation of a company’s realized income has not effect on
the realized income of other companies within a business
combination
c) A father-son-grandson configuration does not require
consolidation unless one company owns shares in all of the other
companies
d) All companies solely in subsidiary positions must have their
realized income computed first within the consolidation
process.

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