Which of the Following Can Result in a Loss of Control

question 28

Multiple Choice

Which of the following can result in a loss of control by a parent over a subsidiary?
I. The parent sells some of the shares in the subsidiary.
II. There is a change in the dispersion in the holding of shares by entities comprising the NCI.
III. There may be a change in a contractual arrangement.

• A) I, II and III
• B) I and II only
• C) I and III only
• D) II only

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Definitions:

Unique Features

Distinct characteristics or attributes of a product or service that distinguish it from competitors in the market.

Common Features

Shared characteristics or attributes observed in items, concepts, or phenomena within a particular category.

Abnormal Spoilage

Waste or spoilage that exceeds the normal or expected levels during the manufacturing process.

Weighted Average Method

An inventory valuation method that assigns a weighted average cost to each unit of inventory, taking into account both the cost of goods available for sale and the number of units available.