精选优质文档-倾情为你奉上Advanced Accounting, 11e (Beams/Anthony/Bettinghaus/Smith)Chapter 9 Indirect and Mutual HoldingsMultiple Choice Questions1) Pallet Corporation owns 80% of Adelt Corporation and Adelt owns 60% of Bajo Inc. Which of the following is correct?A) Bajo should not be consolidated because noncontrolling interests hold 52%.B) Bajo should be consolidated because the 60% of Bajo stock is held in the affiliate structure.C) Pallet has 8% indirect ownership of Bajo.D) Pa