According to AASB 10 Consolidated Financial Statements, the Following Factors

question 2

Multiple Choice

According to AASB 10 Consolidated Financial Statements, the following factors indicate the existence of control:
$$\begin{array} { | l | l | } \hline \text { I. } & \begin{array} { l } \text { The power to govern the financial policies of an entity so as to obtain } \\\text { benefits. }\end{array} \\\hline \text { II. } & \begin{array} { l } \text { Shared power in the govemance of financial and operating policies of } \\\text { another entity so as to obtain benefits. }\end{array} \\\hline \text { III. } & \begin{array} { l } \text { The power to goven the operating policies of an entity so as to obtain } \\\text { benefits. }\end{array} \\\hline \text { IV. } & \text { Ownership of more than } 50 \% \text { of the voting power in the subsidiary. } \\\hline\end{array}$$

• A) I, II and III only
• B) I, III and IV only
• C) II and IV only
• D) IV only.

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Definitions:

Hypersexuality Disorder

A medical condition characterized by excessively high sexual urges or behaviors that affect one's life negatively.

Fibrosis

The thickening and scarring of connective tissue, usually as a result of injury or illness.

Cortisol

A steroid hormone produced by the adrenal glands, often referred to as the "stress hormone" due to its role in the body's stress response.

Sexual Response

The physiological and emotional reactions of an individual to sexual stimulation, which can include desire, arousal, orgasm, and resolution.