Under AASB 128,which of these factors is likely to suggest the presence of significant influence?

Question

Quizplus · Accepted Answer

According to AASB 128, significant influence is the power to participate in the financial and operating policy decisions of the investee but is not control over those policies. The presence of significant influence may be indicated by factors such as representation on the board of directors of the investee, participation in policy-making processes, material transactions between the investor and the investee, and interchange of managerial personnel. Therefore, all of the above options suggest the presence of significant influence.

Under AASB 128,which of These Factors Is Likely to Suggest