Which of the Following Statements Is Not Correct

question 4

Multiple Choice

Which of the following statements is not correct?

• A)Control is the power to govern the operating policies of an entity so as to obtain benefits from its activities (AASB 3)
• B)Control that is joint control does not satisfy the definition of control under AASB accounting standards in respect of group formation
• C)It is possible to control another company by means of economic pressure alone
• D)Control could be obtained over a public listed company by obtaining 20 per cent of its voting shares.

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Definitions:

Marital Therapy

A form of psychotherapy aimed at resolving marital conflicts and improving the relationship between spouses.

Impartial Observer

An individual who watches or monitors situations without allowing personal feelings or biases to influence their judgment.

Parenting Problems

Parenting problems encompass various challenges and difficulties that parents may encounter in raising their children.

Same-sex Married Couples

Couples of the same gender legally recognized as married, entitled to the rights, responsibilities, and benefits associated with marriage.