The accounting treatment of consolidation of financial statements for two entities (parent and subsidiary) is...

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Accounting

The accounting treatment of consolidation of financial statements for two entities (parent and subsidiary) is an example of the application of the substance over form principle. How? Select one:

a. In substance they are two entities. In form they are one entity. b. In substance and in form the entities are two entities c. In substance and in form the entities are one entity d. In substance they are one entity. In form they are two entities. Clear my choice

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