With regards to the concept on control, power over an investee:
A) is related to relevant activities of the investee.
B) arises from potential rights.
C) means actually directing the investee.
D) means the ability to significantly influence the investee.

Question

Quizplus · Accepted Answer

Control over an investee is related to the ability to direct the relevant activities of the investee, which significantly affect the investee's returns.

With Regards to the Concept on Control, Power Over an Investee