Question 67 of 100
AIBE XV 2021
Set A
An associate company, in relation to another company, means
- A a company in which that other company has a significant influence, but which is a subsidiary company of the company having such influence and includes a joint venture company
- B a company in which that other company has a significant influence, but which is not a subsidiary company of the company having such influence and includes a joint venture company Official answer
- C a company in which that other company has a significant influence, but which is not a subsidiary company of the company having such influence and does not include a joint venture company
- D a company in which that other company has full shares, and is a subsidiary company of the company having such influence and includes a joint venture company