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Select a correct statement in relation to the concept of control. O Control arises when the investor has future rights to direct the relevant activities
Select a correct statement in relation to the concept of control.
O Control arises when the investor has future rights to direct the relevant activities of another entity O
Control is automatically presumed to exist where the parent entity either directly, or indirectly through subsidiary, owns more than 25% but O
Control arises when the investor has the power to govern the operating and management policies of an entity O
Control is the key determining factor to assess if a parent-subsidiary relationship between an investor and an investee exist
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