If AB Ltd buys more than 50% of the shares in CD Ltd then which of the followingstatements accurately summarizes the relationship between these two firms?

There is no significant financial relationship between the two

AB Ltd is a subsidiary undertaking of CD Ltd

CD Ltd is the parent undertaking

AB Ltd is the parent undertaking

If AB Ltd buys more than 50% of the shares in CD Ltd then which of the

1.	If AB Ltd buys more than 50% of the shares in CD Ltd then which of the followingstatements accurately summarizes the relationship between these two firms?
A.	AB Ltd is a subsidiary undertaking of CD Ltd
B.	CD Ltd is the parent undertaking
C.	AB Ltd is the parent undertaking
D.	There is no significant financial relationship between the two
Answer» D. There is no significant financial relationship between the two