Significant influence is defined in AASB 128 as:
A) the demonstrated ability of an entity to affect substantially both the financial and operating policies of another entity.
B) the power of an entity to participate in the financial and operating policies of the investee, but it is not control or joint control.
C) the demonstrated ability of an entity to affect substantially or control either the financial or operating policies of another entity.
D) the capacity or demonstrated ability of an entity to impact substantially or control the operations of another entity.
Correct Answer:
Verified
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