IAS 24 Defines Control As

IAS 24 defines control as:

A) the exercise of power to direct the decision making of another entity in relation to financial and operational decisions so as to enable the controlling entity to benefit as a result.
B) the capacity to influence the financial and operational decision making of another entity through the board of directors so as to achieve the co-operation of the other entity in obtaining the ends of the controlling entity.
C) the power to govern the financial and operating policies of an entity so as to obtain benefits from its activities.
D) the potential ability to obtain desired outcomes through another entity by influence through representatives on the governing board of the other entity.