Groups

Question 1

Control

Answer 1

An investor controls an investee when it is exposed, or has rights to variable returns from its involvement with the investee and has the ability to affect those returns through its power over the investee.

Question 2

Power

Answer 2

Investor possess existing rights that creates current ability to direct the relevant activities of the investee

Question 3

Return

Answer 3

Has rights to variable returns from its involvement with the investee

Question 4

Link

Answer 4

The ability to use its power over the investee to affect the amount of the investors return