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Which of the following best describes the concept of a "wholly owned subsidiary"?a)A subsidiary company that is owned by multiple holding companies.b)A subsidiary company that is fully controlled by a single holding company.c)A subsidiary company that operates independently without any control from the holding company.d)A subsidiary company that holds a majority of shares in its holding company.Correct answer is option 'B'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about Which of the following best describes the concept of a "wholly owned subsidiary"?a)A subsidiary company that is owned by multiple holding companies.b)A subsidiary company that is fully controlled by a single holding company.c)A subsidiary company that operates independently without any control from the holding company.d)A subsidiary company that holds a majority of shares in its holding company.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following best describes the concept of a "wholly owned subsidiary"?a)A subsidiary company that is owned by multiple holding companies.b)A subsidiary company that is fully controlled by a single holding company.c)A subsidiary company that operates independently without any control from the holding company.d)A subsidiary company that holds a majority of shares in its holding company.Correct answer is option 'B'. Can you explain this answer?.

Solutions for Which of the following best describes the concept of a "wholly owned subsidiary"?a)A subsidiary company that is owned by multiple holding companies.b)A subsidiary company that is fully controlled by a single holding company.c)A subsidiary company that operates independently without any control from the holding company.d)A subsidiary company that holds a majority of shares in its holding company.Correct answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for B Com. Download more important topics, notes, lectures and mock test series for B Com Exam by signing up for free.

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