AASB 128 notes that in the absence of evidence to the contrary,significant influence would normally exist where an investor holds:
A) directly 20 per cent or more of the shares of another entity.
B) directly 20 per cent or less of the voting power of another entity.
C) directly 20 per cent or more of the total equity and debt on issue of another entity.
D) directly, or indirectly, 20 per cent or more of the shares of another entity.
E) None of the given answers.
Correct Answer:
Verified
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