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    Business
  3. Study Set
    Financial Accounting and Reporting
  4. Exam
    Exam 23: Further Consolidation Issues III: Accounting for Indirect Ownership Interest
  5. Question
    Control Means the Power to Govern the Financial and Operating
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Control Means the Power to Govern the Financial and Operating

Question 42

Question 42

True/False

Control means the power to govern the financial and operating policies of an entity so as to obtain benefits from its activities.

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