According to IAS 27,how can effective control be achieved without owning more than 50% of another company's voting shares?
A)representation on the company's board of directors
B)being the primary entity exercising voting rights
C)through a contract between the entities
D)All of the above may result in control by one corporation over another.

Question

Quizplus · Accepted Answer

All of the options listed can result in effective control by one corporation over another, even if they do not own more than 50% of the other company's voting shares. Representation on the board of directors can allow for influencing decision-making, being the primary entity exercising voting rights can come from agreements between entities, and contracts can establish certain rights and obligations that grant control to one entity.

According to IAS 27,how Can Effective Control Be Achieved Without