According to AASB 12/IFRS 12 Disclosure of Interests in Other

question 42

Multiple Choice

According to AASB 12/IFRS 12 Disclosure of Interests in Other Entities, an entity that has been designed so that voting or similar rights are not the dominant factor in deciding who controls the entity is known as a:

• A) controlling entity.
• B) structured entity.
• C) dominant entity.
• D) rights entity.

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Definitions:

Standard Deviation

A measure of the amount of variation or dispersion of a set of values, indicating how much the values in the data set deviate from the mean.

Sampling Distribution

The statistical probability distribution originating from a random sample, aimed at facilitating inferences concerning the population.

Spread Out

Describes how much a dataset is stretched or compressed, indicating the variability or dispersal of the data points.

Central Limit Theorem

A statistical theory that states that, given a sufficiently large sample size, the sampling distribution of the mean for a variable will approximate a normal distribution, regardless of the variable's distribution in the population.