Question：T owns 19 % of the shares of K.
Which of the following statements most accurately sums up IAS 28's assumption about their relationship?
A. K is assumed to not be an associated company of T.
B. K is assumed to be an associated company of T.
C. K is certain to be an associated company of T.
D. K is certainly not an associated company of T.
The correct answer is: K is assumed not to be an associated company of T.
The key to associate status is the ability of the investing company to be able to exercise significant influence over the company it has invested in.
IAS 28 has a rebuttable presumption that a holding of 20% gives this.
IAS 28 also recognises however that significant influence can sometimes be achieved with a smaller investment.
　　高顿网校温馨提醒
　　各位考生，2016年ACCA备考已经开始，为了方便各位学员能更加系统地掌握考试大纲的重点知识，帮助大家充分备考，体验实战，高顿网校开通了全免费的ACCA题库（包括精题真题和全真模考系统），题库里附有详细的答案解析，学员可以通过多种题型加强练习。戳这里进入ACCA免费题库>>>

微信扫一扫，关注ACCA*7资讯，满满的干货喂饱你！ACCA微信公众号：gaodunaccaACCA分享与交流QQ群：227573128 

展开全文