When the preparation of consolidated financial statements in a parent-subsidiary relationship occurs, it is an example of the?

It is an example of subsidiary companies, and occurs when a company is directly or indirectly controlled by another and for that control to exist, it is the property of more than 50% of the shares.

Explanation:

A company is considered the parent of another when it exercises financial, economic and administrative control directly or indirectly, through one or more subsidiaries of its own, or by companies that have a dependency link to the parent company or its subsidiaries, therefore, the subordinate is that company that lacks autonomy simply because it is dominated by a parent company.