Asked by
Haruka Hyuuga
on Nov 13, 2024Verified
The corporation owning all or a majority of the voting stock of another corporation is known as the parent company.
Parent Company
The corporation owning all or a majority of the voting stock of the other corporation.
Voting Stock
Shares that grant the shareholder voting rights in corporate decisions, typically involving the election of the board of directors.
- Recognize the various financial statements and understand their objectives.
Verified Answer
AH
Learning Objectives
- Recognize the various financial statements and understand their objectives.