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An NFPO May Exercise Significant Influence Over the Strategic Operating

Question 40

Multiple Choice

An NFPO may exercise significant influence over the strategic operating, investing, and financing activities of another NFPO. Which of the following is NOT a factor in determining significant influence?


A) Ability to place members on the board of directors
B) Substantial transactions between the organizations
C) Percentage of share ownership
D) Sharing of senior personnel

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