Refer to the illustration below and identify the correct response(s)amongthegivenchoices:• A, B and C each own 33% of D's voting shares.• , B and C each have the right to appoint two directors to the board of D.• A owns call options that are exercisable at a fixed price at any time and if exercised wouldgive it all of the voting rights in D.A's management does not intend to exercise the call options even if B and C do not vote inthe same manner as A.• The options are in the money at both issue date and reporting date.33% call33% callA33%33%33%The option appears to be in the money but the intention of the managementnot to exercise will prevail, therefore, the option is not substantive per IFRS#10.The option is considered substantive and the management intention not toexercise will not be considered in assessing the potential rights of A over D.The three (3) investors has joint control over D.The control over D is not vested any of the three (3) investors, therefore,IFRS#10 will not apply.

Solution: It is to identify the correct response among the given choices.

Answered: Refer to the illustration below and…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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