Under IFRS, the definition of a subsidiary is restricted to any entity: (a) Controlled by another enterprise.

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Under IFRS, the definition of a subsidiary is restricted to any entity:

(a) Controlled by another enterprise.

(b) In which another enterprise owns a majority of the voting shares.

(c) Significantly influenced by another enterprise.

(d) That meets the legal definition of a subsidiary in the country concerned.

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Financial Accounting An International Introduction

ISBN: 9780273685203

2nd Edition

Authors: David Alexander

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Question Posted: Jun 11, 2024 01:06 AM

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Under IFRS, the definition of a subsidiary is restricted to any entity: (a) Controlled by another enterprise.

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Financial Accounting An International Introduction

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