alleryStart learning →Does a majority holding by another investor always rule out significant influence?
AYes, in every case
BYes, above 60 per cent
CYes, above 75 per cent
DNo, not necessarily
Answer & Solution
Correct answer: D. No, not necessarily
Substantial or majority ownership by another investor does not necessarily preclude an entity from having 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.
Related questions
Equity accounting is usually applied where the investor holds what share of voting shares?If facts and circumstances change, an entity should:A joint operator recognises in a joint operation:A joint venturer accounts for its interest in a joint venture using:In a joint venture, the parties with joint control have rights to the:A joint arrangement is one in which two or more parties have:A parent that skips consolidation and prepares separate statements must disclose:In a qualifying reorganisation, cost of the new parent's investment is: