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Which of the following statements is true? a) Joint control can exist where share ownership by investing companies is not equal b) Control of a

Which of the following statements is true?

a) Joint control can exist where share ownership by investing companies is not equal

b) Control of a subsidiary must be actively exercised

c) If a company has control over the financial policies of another entity, it is deemed to have control over the operating policies

d) A reporting entity is a single entity that meets certain criteria

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