Significant influence is defined as:

Question $1$Answer

a$.$

The power to participate in the operating but not financial policy decisions of the investee, but this is not control or joint control over those policies.

b$.$

The power to participate in the financial and operating policy decisions of the investee, and the control or joint control over those policies.

c$.$

The power to participate in the operating and financial policy decisions of the investee, but this is not control or joint control over those policies.

d$.$

The power to participate in the financial but not operating policy decisions of the investee, but this is not control or joint control over those policies