Significant Influence of One Company Over Another Has Been Defined

question 92

Multiple Choice

Significant influence of one company over another has been defined by the accounting profession as the ownership of what minimum percent of the second company's stock?

• A)30%
• B)50%
• C)100%
• D)20%

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Definitions:

Civil Rights Act

An important act in the US that makes discrimination illegal on the grounds of someone's race, skin color, religious views, sex, or nationality.

Equal Opportunities

Policies and practices aimed at providing all individuals with fair chances to succeed, irrespective of gender, ethnicity, disability, or other factors.

Bona Fide Occupational Qualification

A legal term that allows employers to make employment decisions based on characteristics that are essential to a job's requirements, notwithstanding anti-discrimination laws.

Personal Characteristic

A distinctive trait or quality defining an individual, which may include personal attributes, values, and habits.