A has significant influence over B but does not have any share ownership in B:
A) B is an associate of A
B) B is not an associate of A
C) B is a subsidiary of A
D) none of the above

Question

Quizplus · Accepted Answer

Significant influence typically requires some level of ownership, usually 20% or more, to classify a company as an associate. Without share ownership, B cannot be considered an associate of A.

A Has Significant Influence Over B but Does Not Have