According to AASB 128, the main evidence of significant influence, through an investor's power to participate in policy setting, include:
A)representation on the associate's governing body
B)actual participation in policy making
C)material transactions between investors and associate
D)any or all of the above

Question

Quizplus · Accepted Answer

AASB 128 considers representation on the associate's governing body and actual participation in policy making as evidence of significant influence, as well as material transactions between investors and associates. Therefore, any one or all of the above options can be considered as evidence of significant influence.

According to AASB 128, the Main Evidence of Significant Influence