Control Is Automatically Presumed to Exist Where the Parent Either

question 7

Multiple Choice

Control is automatically presumed to exist where the parent either directly or indirectly through subsidiaries owns:

• A) more than 25% but less than 50% of the voting power of an entity;
• B) more than 10% but less than 25% of the voting power of an entity;
• C) not more than 49% of the voting power of an entity;
• D) more than 50% of the voting power of an entity.

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Definitions:

Employee-Driven Initiatives

Programs or projects initiated by employees rather than management, often aimed at improving operations, working conditions, or community engagement.

BPI

Stands for Business Process Improvement, a systematic approach to help an organization optimize its underlying processes to achieve more efficient results.

Six Sigma

A data-driven approach and methodology for eliminating defects and improving processes in manufacturing and business operations.

Holistic Approach

An approach that considers the whole of a system or entity, rather than focusing on its parts separately, emphasizing the interdependence of those parts.