According to IAS 27 (old standard),control also exists even when the parent owns one half or less of the voting power of an entity,if control can be evidenced by:
A) Power over more than one half of the voting rights by virtue of an agreement with other investors.
B) Power to govern the financial and operating policies of the other entity under a statute or an agreement.
C) Power to appoint or remove the majority of the members of the board of directors.
D) All of these

Question

Quizplus · Accepted Answer

According to IAS 27, control exists even when the parent owns one half or less of the voting power of an entity if any of the three conditions are met. Therefore, all three choices are correct, and the correct answer is D.

According to IAS 27 (Old Standard),control Also Exists Even When