question archive Which of the following is not one of the three elements of control according to AASB10/IFRS 10 Consolidated Financial Statements? Select one: Exposure, or rights, to variable returns from involvement with the investee Power over the investee The ability to use power over the investee to affect the amount of the investor's returns

Which of the following is not one of the three elements of control according to AASB10/IFRS 10 Consolidated Financial Statements? Select one: Exposure, or rights, to variable returns from involvement with the investee Power over the investee The ability to use power over the investee to affect the amount of the investor's returns

Subject:AccountingPrice:2.84 Bought6

Which of the following is not one of the three elements of control according to AASB10/IFRS 10 Consolidated Financial Statements?

Select one:

Exposure, or rights, to variable returns from involvement with the investee

Power over the investee

The ability to use power over the investee to affect the amount of the investor's returns.

Dominating the decision making of the investee

pur-new-sol

Purchase A New Answer

Custom new solution created by our subject matter experts

GET A QUOTE

Answer Preview

Below is the answer.

Step-by-step explanation

Dominating the decision making of the investee is not a one of the elements of control as per the AASB10/IFRS 10 concept of consolidated Financial Statements,

Related Questions