Under IAS 27, How Is "Control" Defined

question 45

Multiple Choice

Under IAS 27, how is "control" defined?

• A)Ownership of 50% of more of the voting shares of another entity
• B)Representation on another entity's board of directors
• C)The power to govern financial and operating policies of an entity so as to obtain the benefits from its activities
• D)Ownership of 30% or more of the voting shares of another entity

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Definitions:

Mitochondrion

A cellular organelle involved in energy production, critical for ATP synthesis through the process of oxidative phosphorylation.

Microbiome

The collection of microorganisms living in a particular environment, such as the human body, influencing health and disease.

Autoimmune Diseases

Disorders in which the body's immune system attacks its own healthy cells, tissues, and organs.

Homeostatic Mechanisms

Biological processes that maintain stable internal conditions despite external changes.