Which of the following investments in securities would require the preparation of consolidated financial statements by the investor corporation?

a. investments in securities for the purpose of exerting control over the investee's day-to-day operations
b. investments in securities for the purpose of exerting significant influence over the investee's dividend payout policy
c. investments in securities for the purpose of exerting significant influence over the investee's licensing of a patent
d. investments in securities for the purpose of exerting significant influence over the investee's licensing of day-to-day operations
e. none of the above


A

Business

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