The Main Characteristic of a Structured Entity According to IFRS

question 23

Multiple Choice

The main characteristic of a structured entity according to IFRS 12 is that:

• A) the parent entity must have more than 80% of voting rights in the structured entity in order to gain control;
• B) voting or similar rights are not the dominant factor in deciding who controls the entity;
• C) the legal acquirer of such entity will become the accounting acquiree;
• D) it is controlled by two or more parent entities.

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Definitions:

Cryosurgery

A surgical technique that uses extreme cold to destroy abnormal or diseased tissue.

Autograft

A graft of tissue taken from one site and transplanted to another site on the same individual's body.

Avulsion

The action of pulling or tearing away, often used in medical contexts to describe the forceful separation of a body part.

Cryosurgery

A medical procedure that uses extreme cold to destroy abnormal or diseased tissue, including cancers.