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Both USGAAP and IFRS Often Refer to Ownership of A(n) _____

Question 219

Multiple Choice

Both U.S.GAAP and IFRS often refer to ownership of a(n) _____ of the voting stock of another entity as indicating control, unless evidence indicates that the owner cannot exercise control.


A) direct investment
B) indirect investment
C) majority
D) minority
E) effective control

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