When an investor owns less than a majority of the voting stock of another corporation, the accountant must judge when the investor can exert significant influence. For the sake of uniformity, U.S. GAAP and IFRS presume that significant influence exists at ownership of _____ or more of the voting stock of the investee. (Assume that management does not have a contractual or other basis to
demonstrate that influence.)
a. 5 percent
b. 10 percent
c. 15 percent
d. 20 percent
e. 30 percent
D
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In a ________, two or more companies at the same channel level join together to develop a new marketing opportunity
A) franchise B) corporate VMS C) horizontal marketing system D) multiple distribution system E) conventional marketing system
Legal and regulatory compliance is an example of the ________ dimension of business problems
a. organizational b. management c. technology d. people
Maria is the treasurer of Rex Caldwell Corporations. As treasurer, she makes out and signs the payroll checks for the company. Maria draws a payroll check payable to the order of her maid Carolyn Doss, who does not work for the company
Maria does not intend Carolyn to receive this money. She indorses Carolyn's name on the check and names herself as the indorsee. She cashes the check at a liquor store. Under which rule of forged instruments is Maria accountable? A) good faith rule B) exclusionary rule C) imposter rule D) fictitious payee rule
The "refresh" option in the pivot table allows the decision maker to:
a. Update the input parameters before feeding them into the model. b. Use the latest operational data as input parameters. c. Both a and b d. None of the above