According to IAS 27, How Can Effective Control Be Achieved

question 27

Multiple Choice

According to IAS 27, how can effective control be achieved without owning more than 50% of another company's voting shares?

• A)Representation on the company's board of directors
• B)Being the primary entity exercising voting rights
• C)Through a contract between the entities
• D)All of the above may result in control by one corporation over another.

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Definitions:

Protocell

An early, simple, cellular structure that is considered a precursor of true cells, possibly forming the basis for the origin of life.

Organic Molecules

Compounds mainly containing carbon and hydrogen, often including oxygen, nitrogen, and other elements, foundational to life.

Cyanobacteria

Photosynthetic microorganisms that are important in ecological systems for oxygen production and as a part of the nitrogen cycle.

Fossilized Eukaryotes

Remains or imprints of ancient organisms with complex cells, preserved in rock.