alleryStart learning →Who are key management personnel under AS 18?
APersons paid above a set salary
BPersons who audit the accounts
CPersons who hold large share stakes
DPersons who plan and control work
Answer & Solution
Correct answer: D. Persons who plan and control work
Key management personnel are those with authority and responsibility for planning, directing and controlling the entity's activities.
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Related questions
An enterprise is deemed able to appoint a director if the director is what?If a regulator prohibits some required disclosure, AS 18 says what?Significant influence may be gained by share ownership, statute or what?An investor with under 20 percent voting power is presumed to have what?Which is cited as a way of exercising significant influence?An intermediary is a subsidiary as defined in which standard?Which of these is usually key management personnel in a company?Enterprises owned by directors or major shareholders are what under AS 18?