Following the Accounting Concept of a Business Combination,a Business Combination

Multiple Choice

Following the accounting concept of a business combination,a business combination occurs when a company acquires an equity interest in another entity and has

A) at least 20% ownership in the entity.
B) more than 50% ownership in the entity.
C) 100% ownership in the entity.
D) control over the entity,irrespective of the percentage owned.