Which of the following statements are true concerning the cross-business allocation of financial resources by parent companies?

Which of the following statements are true concerning the cross-business allocation of financial resources by parent companies?



1. Parent companies can deliver funds that would otherwise be unavailable owing to poor market conditions

2. There is increased opportunity to add shareholder value because managers are privy to internal information unavailable to external financiers

3. Cross-business allocation can be especially advantageous during times fo financial market crises


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