The Main Characteristic of a Structured Entity According to IFRS

Multiple Choice

The main characteristic of a structured entity according to IFRS 12 is that:

A) the parent entity must have more than 80% of voting rights in the structured entity in order to gain control;
B) voting or similar rights are not the dominant factor in deciding who controls the entity;
C) the legal acquirer of such entity will become the accounting acquiree;
D) it is controlled by two or more parent entities.