Significant influence is defined in AASB 128 as:
A) The demonstrated ability of an entity to impact 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.
E) None of the given answers.
Correct Answer:
Verified
Q31: The treatment of equity investments depends on
Q32: Businesses invest in the marketable securities of
Q33: Which of the following are categories that
Q34: Dixie Ltd acquired a 20 per cent
Q35: The requirements of AASB 128 relating to
Q37: Under the cost method of accounting for
Q38: In the case of non-current investments in
Q39: Equity investments include:
A) Unsecured notes.
B) Trust units.
C)
Q40: Firms may make long-term investments in the
Q41: AASB 132 includes in its definition of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents