In the context of control, relevant activities are:
A) activities of the investor that significantly affect the investor's returns.
B) activities of the investee that significantly affect the investee's returns.
C) activities of the investor that significantly affect the investee's returns.
D) activities of the investor that are similar to the investee's activities.

Question

Quizplus · Accepted Answer

Relevant activities refer to the activities of the investee that significantly affect the investee's returns, as these are the activities that the investor needs to control to have power over the investee.

In the Context of Control, Relevant Activities Are