Please explain if the below-mentioned statement is true or false and why, in as much detail as possible. It would be best to answer it with ''It depends on...''. On what does it depend? When is it true, when is it false? Statement: ''The investment in a subsidiary (SME) can be justified when measured against MNC investment standards, as long CSR standards are met too''.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Please explain if the below-mentioned statement is true or false and why, in as much detail as possible. It would be best to answer it with ''It depends on...''. On what does it depend? When is it true, when is it false?
Statement: ''The investment in a subsidiary (SME) can be justified when measured against MNC investment standards, as long CSR standards are met too''.

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