4. Which of the following statements is false? 15 (a) Significant influence can be gained or lost without a change in absolute or relative ownership levels. (b) In determining whether an entity has significant influence over another entity, the O existence and effect of potential voting rights that it holds that are currently exercisable or convertible are considered. W (c) An entity considers the existence and effect of potential voting rights held by other O parties that are currently exercisable or convertible when determining whether it has significant influence over another entity. (d) In determining whether an entity has significant influence over another entity, only present ownership interests are considered. The possible exercise or conversion of potential voting rights are not considered