Question
Which of the following situations is likely to represent control over an investee? i. Owning 45% of the shares and having an agreement with another
Which of the following situations is likely to represent control over an investee?
i. Owning 45% of the shares and having an agreement with another shareholder that allows you to use their 10% of the votes
ii. Owning 35% of the ordinary shares and 80% of the preference shares of the investee
iii. Owning 48% where this provides significant influence over the investee
iv. Owning all of the 10 class B ordinary shares (1 vote per share) but none of the 8 class A ordinary shares that provide 2 votes per share
a. (i) and (ii) b. (iii) only c. (iv only) d. (ii) only e. (iii) and (iv) f. (i), (ii) and (iv) g. (i) only
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