An associate is an entity in wch an investor has significant influence over the investee. Wch TWO of the following indicate the presence of significant influence? I The investor owns 360,000

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that all of the sales of the investee are made to a subsidiary of the investor. IV The investor controls the votes of a majority of the board members A I and III B II and IV C I and II D III and IV

An associate is an entity in wch an investor has significant influence over the investee. Wch TWO of the following indicate the presence of significant influence? I The investor owns 360,000 of the 1,500,000 equity voting shares of the investee. II The investor has representation on the board of directors of the investee. III The investor is able to insist that all of the sales of the investee are made to a subsidiary of the investor. IV The investor controls the votes of a majority of the board members A I and III B II and IV C I and II D III and IV

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