Control is automatically presumed to exist where the parent either directly or indirectly through subsidiaries owns:
A) more than 25% but less than 50% of the voting power of an entity;
B) more than 10% but less than 25% of the voting power of an entity;
C) not more than 49% of the voting power of an entity;
D) more than 50% of the voting power of an entity.

Question

Quizplus · Accepted Answer

Control is presumed to exist when a parent owns more than 50% of the voting power of an entity.

Control Is Automatically Presumed to Exist Where the Parent Either