Solved

AASB 128 Notes That in the Absence of Evidence to the Contrary,significant

Question 48

Multiple Choice

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:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents