According to IAS 27, how can effective control be achieved without owning more than 50% of another company's voting shares?
A)Representation on the company's board of directors
B)Being the primary entity exercising voting rights
C)Through a contract between the entities
D)All of the above may result in control by one corporation over another.

Question

Quizplus · Accepted Answer

According to IAS 27, effective control can be achieved without owning more than 50% of another company's voting shares through representation on the company's board of directors, being the primary entity exercising voting rights, or through a contract between the entities. All of these options may result in control by one corporation over another. Therefore, option D is the best choice.

According to IAS 27, How Can Effective Control Be Achieved