Associate Company Definition
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Questions and Answers

What is the minimum percentage of total voting power required to have significant influence over a company?

  • 30%
  • 15%
  • 25%
  • 20% (correct)

    • What type of company is included in the definition of an associate company?

  • Subsidiary company
  • Joint venture company (correct)
  • Parent company
  • Sister company

    • What is the primary characteristic of a joint venture?

  • Joint control by the parties (correct)
  • Equal control by all parties
  • Minority control by one party
  • Majority control by one party

    • What is the relationship between a company and its associate company?

    <p>The company has significant influence over the associate company</p> Signup and view all the answers

    What is not a characteristic of an associate company?

    <p>The associate company is a subsidiary of the company</p> Signup and view all the answers

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