i. Significant influence - This is the power to participate in tile financial and operating
policy decisions of an entity but not control over those policies.
Significant influence may be gained by an ownership interest, statute or agreement.
ii. Ways in which significant influence may be exercised.
- Participation in the policy making process.
- Material transactions between entities.
- Interchange of managerial personnel.
- Dependence on technical information.
By ownership interest, statute or agreement
marto answered the question on February 15, 2019 at 05:54
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