Which of the following factors contributes to an investor having significant influence over an investee?   Question 2 options:   a)  Insignificant transactions occur between the investor and the investee.   b)  The investor owns more than 50% of the common shares outstanding of the investee.   c)  There is an interchange of managerial personnel between the investor and investee.   d)  The investor is not represented on the board of the investee.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Which of the following factors contributes to an investor having significant influence over an investee?
 

Question 2 options:

 

a) 

Insignificant transactions occur between the investor and the investee.
 

b) 

The investor owns more than 50% of the common shares outstanding of the investee.
 

c) 

There is an interchange of managerial personnel between the investor and investee.
 

d) 

The investor is not represented on the board of the investee.
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