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

---

Definitions:

Post Conventional Reasoning

A stage of moral development in which the individual considers universal moral principles and the nuances of situations rather than adhering strictly to laws and social rules.

Conventional Reasoning

A stage in moral development where individuals make judgments based on societal norms and the expectations of others.

Care Orientation

Gilligan’s feminine mode of moral reasoning, characterized by a desire to maintain relationships and a responsibility to avoid hurting others.

Justice Orientation

A male mode of moral reasoning proposed by Gilligan that emphasizes the abstract principles of fairness and individualism.