The ability of an investor to affect the operating and financial activities of another company, even though the investor does not control the company, is known as
A)significant influence.
B)control.
C)a combination.
D)influence and control.

Question

Quizplus · Accepted Answer

Significant influence refers to the ability of an investor to affect decisions related to the operating and financial activities of another company without having control over it. This typically occurs when an investor owns a substantial but not majority share of another company, often between 20% and 50%.

The Ability of an Investor to Affect the Operating and Financial