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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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