AASB 10 Defines Control As

question 79

Multiple Choice

AASB 10 defines control as:

• A) governing the financial, operating and sustainability policies of an entity so as to benefit from its activities.
• B) the capacity of an entity to dominate the decision making of another entity by virtue of a majority shareholding or controlling ownership interest in some form.
• C) the capacity and willingness to direct the decision making of another entity with respect to its financial and operating policies to improve the performance and position of the controlling entity.
• D) the power to govern the financial and operating policies of an entity so as to benefit from its activities.

---

Definitions:

Cognitive Learning

A learning style focusing on the mental processes involved in gaining knowledge and comprehension.

Classical Conditioning

A learning process that occurs through associations between an environmental stimulus and a naturally occurring stimulus, leading to a learned response.

Operant Conditioning

A method of learning that employs rewards and punishments for behavior.

Learning

The acquisition of knowledge or skills through experience, study, or being taught.