According to IAS 27 (old standard),control is presumed to exist when the parent acquires more than what percentage of the voting rights of the entity?

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According to IAS 27 (old standard), control is presumed to exist when the parent acquires more than 50% of the voting rights of the entity. This is because having more than 50% of the voting rights gives the parent company the power to control the decisions made by the subsidiary entity.

According to IAS 27 (Old Standard),control Is Presumed to Exist