Significant Influence Is Defined in IAS 24 As

Significant influence is defined in IAS 24 as:

A) a majority ownership relationship such that the parent entity is able to dominate the decision making of the other entity.
B) the exercised ability to materially affect the financial and operational decisions of another entity.
C) the influence that is attached to owning a parcel of shares or other equity instruments of another entity.
D) the power to participate in the financial and operating policy decisions of an entity, but not the control over those policies.