8) Assume that 3 parties establish an arrangement: X has 25% of the voting rights,...
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Accounting
8) Assume that 3 parties establish an arrangement: X has 25% of the voting rights, Y has 30% and Z has 45%. The contractual arrangement specifies that at least 75% of the voting rights are required to make decisions about the relevant activities. In this case, joint control arrangement exists: A) between Y and Z B) between X and Y C) between X, Y and Z D) no joint control arrangement exists
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