According to IFRS 10 (New Standard),control Exists If,and Only If,the

question 27

Multiple Choice

According to IFRS 10 (new standard) ,control exists if,and only if,the investor has

• A) Power over the investee
• B) Exposure,or rights,to variable returns from its involvement with the investee
• C) The ability to use its power over the investee to affect the amount of the investor's return
• D) All of these

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Definitions:

Similar Care

Healthcare services that are alike or comparable in quality, outcome, or standards.

Same Patient

Refers to medical or healthcare interventions directed at or concerning the individual currently under care or treatment.

Consultation

A professional advice session, typically in a medical, legal, or business context, where expert opinions or recommendations are sought.

3Rs

A sustainability phrase that stands for "Reduce, Reuse, Recycle," promoting the responsible management of resources to minimize environmental impact.