alleryStart learning →An entity over which the investor has significant influence is called a:
Asubsidiary company
Bjoint operation
Cassociate company
Dparent company
Answer & Solution
Correct answer: C. associate company
Ind AS 28 defines an associate as an entity over which the investor has significant influence.
Keep practising Ind AS 27, 28 and 111 Separate Financial Statements, Associates and Joint Ventures
Browse all Ind AS 27, 28 and 111 Separate Financial Statements, Associates and Joint Ventures questions for CA Final, or explore more Financialreporting topics.
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