alleryStart learning →Significant influence may be gained by share ownership, statute or what?
AAuditor appointment
BDividend declaration
CCredit rating review
DMutual agreement
Answer & Solution
Correct answer: D. Mutual agreement
The standard names share ownership, statute and agreement as the routes to significant influence.
Keep practising AS 18 Related Party Disclosures
Browse all AS 18 Related Party Disclosures questions for CA Inter, or explore more Accounting topics.
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?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?Individuals with control or influence are related parties with whom?