A owns 40% of B and 30% of C.Both B and C own 15% of D each.There is a presumption of significant influence by A over:
A) B and C.
B) B only.
C) B, C and D.
D) no significant influence over any of B,C and D.

Question

Quizplus · Accepted Answer

A owns a significant portion of both B and C (40% and 30%, respectively), which typically indicates significant influence according to accounting standards. Ownership percentages like these often allow the investor to exert influence over the financial and operating policies of the investee.

A Owns 40% of B and 30% of C