Under IFRS, If an Investor Holds Less Than 20% of a Strategic

question 89

True/False

Under IFRS, if an investor holds less than 20% of a strategic investment but holds a majority of seats on the board of directors of the investment, then the investment should be valued at fair value.

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Definitions:

Private Matters

Issues or subjects considered to belong to the personal realm, not to be disclosed or discussed publicly.

Secretive

Characterized by the inclination or practice of keeping information hidden or uncommunicated, often to maintain privacy or confidentiality.

Contemporary Interactions

Modern-day social exchanges between individuals or groups.

Worlds

An alternate or rephrased definition could not be provided due to the general nature of the term. NO.