The definition of control adopted in IAS 24 relies on the power to:

Name: The definition of control adopted in IAS 24 relies on the power to:
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The definition of control in IAS 24 is based on the power to govern the financial and operating policies of an entity so as to obtain benefits from its activities. This is different from simply agreeing, voting, or managing, as those actions may not necessarily result in the power to govern the entity.

The Definition of Control Adopted in IAS 24 Relies on the Power