Question: 24.Under IFRS,how is control determined when a parent company does not own a majority of the voting stock of a subsidiary?Choose the best answer. A.
24.Under IFRS,how is "control" determined when a parent company does not own a majority of the voting stock of a subsidiary?Choose the best answer.
A. By establishingeffective control over the subsidiary's senior management (or board of directors)as well asthe subsidiary's operating, investing, or financing activities.
B. By obtainingcontroloverthe subsidiary's investing activities.
C. By obtainingcontroloverthesubsidiary's operating activities.
D. By obtainingcontroloverthesubsidiary's investing and operating activities.
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