Significant Influence of One Company Over Another Has Been Defined

question 92

Multiple Choice

Significant influence of one company over another has been defined by the accounting profession as the ownership of what minimum percent of the second company's stock?

• A)30%
• B)50%
• C)100%
• D)20%

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Definitions:

Folkway

Folkways are normal societal conventions and customary behaviors that guide everyday interactions without the force of law.

Norm

An understood rule for accepted and expected behavior in a given group or society.

Foot-In-The-Door

A persuasion technique where a person is first asked to agree to a small request, which increases the likelihood of agreeing to a larger request later.

Fundraising

The process of gathering voluntary contributions of money or other resources for the benefit of an organization, cause, or individual.