Both USGAAP and IFRS Often Refer to Ownership of A(n) _____

question 219

Multiple Choice

Both U.S.GAAP and IFRS often refer to ownership of a(n) _____ of the voting stock of another entity as indicating control, unless evidence indicates that the owner cannot exercise control.

• A)direct investment
• B)indirect investment
• C)majority
• D)minority
• E)effective control

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