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Control Is Automatically Presumed to Exist Where the Parent Either

Question 7

Multiple Choice

Control is automatically presumed to exist where the parent either directly or indirectly through subsidiaries owns:


A) more than 25% but less than 50% of the voting power of an entity;
B) more than 10% but less than 25% of the voting power of an entity;
C) not more than 49% of the voting power of an entity;
D) more than 50% of the voting power of an entity.

Correct Answer:

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