Per the FASB, all but the following are characteristics of an influential investment:
A)Representation on the board of directors.
B)A significant portion of the stock is owned (perhaps 45%), with other ownership interests being widely scattered.
C)Technological dependency.
D)Material intercompany transactions.

Question

Per the FASB, all but the following are characteristics of an influential investment:
A)​Representation on the board of directors.
B)​A significant portion of the stock is owned (perhaps 45%), with other ownership interests being widely scattered.
C)​Technological dependency.
D)​Material intercompany transactions.

Quizplus · Accepted Answer

The Answer of Per the FASB, all but the following are characteristics of an influential investment:
A)​Representation on the board of directors.
B)​A significant portion of the stock is owned (perhaps 45%), with other ownership interests being widely scattered.
C)​Technological dependency.
D)​Material intercompany transactions.

Per the FASB, All but the Following Are Characteristics of an Influential