Under USGAAP and IASB Standards, the Threshold for Determining "Significant Influence

question 29

Multiple Choice

Under U.S.GAAP and IASB standards, the threshold for determining "significant influence" in an associate enterprise is:

• A)50% ownership of voting shares.
• B)5% ownership of voting shares.
• C)20% ownership of voting shares.
• D)10% ownership of voting shares.

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Definitions:

Human Resources Management (HRM)

The strategic approach to the effective management of people in an organization, ensuring their contribution towards the achievement of the organization's goals.

Geocentric Company

A business that adopts a global approach in its operations and personnel practices, ignoring national boundaries.

Domestic Perspective

Views or analysis coming from or related to one's own country or the internal affairs of a company.

Expatriate Manager

A manager who is working in a country other than their own, often sent by their employer to manage an overseas office.