A company that is not a subsidiary of th

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Home Questions RS35727GCS

Target Exam

CUET

Subject

Accountancy

Chapter

Accounting for Shares

Question:

A company that is not a subsidiary of the private company is called:

Options:

Holding private Company

Subsidiary Private Company

Public Company

None of these

Correct Answer:

Public Company

Explanation:

Public Company: A public company means a company which
a) is not a private company;
(b) is a company which is not a subsidiary of a private company.