According to IAS 27 (Old Standard),control Also Exists Even When

question 16

Multiple Choice

According to IAS 27 (old standard) ,control also exists even when the parent owns one half or less of the voting power of an entity,if control can be evidenced by:

• A) Power over more than one half of the voting rights by virtue of an agreement with other investors.
• B) Power to govern the financial and operating policies of the other entity under a statute or an agreement.
• C) Power to appoint or remove the majority of the members of the board of directors.
• D) All of these

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Definitions:

Job Satisfaction

The degree of contentment or happiness that an individual has with their job, often influenced by factors such as work environment, tasks, and compensation.

Clear-Cut Division

A distinct separation or differentiation in roles, functions, or responsibilities within an organization or process.

Hierarchy Of Authority

A system within an organization where authority and power are ranked from the top (highest authority) to the bottom (lowest authority), determining how decisions flow through the organization.

Bureaucracy

An organizational system characterized by standardized procedures, hierarchical structure, and formal rules, often leading to efficiency at the cost of flexibility.