What is meant by horizontal, vertical, and conglomerate combinations? How do you distinguish the three types? (Ch. 1 of Advanced Accounting)

What differentiates a parent company from a subsidiary company? What are the relationships between the two? How does that affect reporting? (Ch. 1 of Advanced Accounting)

What is the primary objective of consolidation procedures? What are the different methods of consolidation? In what circumstances would you choose each method? (Ch. 2 of Advanced Accounting)