When one company holds less than 20% shares with voting rights of another company, then the relationship

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When one company holds less than 20% shares with voting rights of another company, then the relationship between both the companies is considered as

(a) Holding and subsidiary

(b) One company having significant influence on another

(c) Associate companies

(d) Group companies

(e) None of these

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Financial Accounting

ISBN: 9780071078023

1st Edition

Authors: Dhanesh K. Khatri

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