please answer all the questions immediately thankyou

52. Under PAS 28, which of the following is not a typical evidence of the existence of significant influence? * mm (1 Point) The investor has a representation in the board of directors of the investee Both investor and investee has transactions that is considered to be material whether or not a price is charge An investor has a control on the operating decisions of the investee An investor can participate in the review of a policy it is to be implemented 53. Which of the following statements best describe as the overall objective of accounting?* (1 Point) Accounting provides information primarily financial in nature that is useful in making decision To provide information to prospective creditors Accounting information shows the operating performance of the company To give pivotal information to managers controlling cost 54. Which of the following is wrong under the provisions of PFRS 9? (1 Point) Debt investments not held for collection are to be reported at fair value Debt investment reported as amortized cost are trading debt instruments There is a presumption in Financial Instruments Standard that equity investments are held for trading and earn profit from any price changes To impose discipline in accounting for nontrading equity investment. irrevocable elections is designed 55. Which of the following best shows faithful representation in the context of the qualitative characteristics of financial information? (1 Point) Financial statements must be prepared to facilitate ease of comparison to prior years or other companies Influence on the economia decisions of the users must be always material Preparation of financial information is quick and timely to cater the fast-phased needs of managers The financial statements are prepared in a way that is ree from material error 56. Equity securities acquired for trading shall be measured at (1 Point) Fair value with changes in fair value taken to profit or loss Historical cost Fair value less transaction cost with changes taken to other comprehensive income Cost less transaction cost