Examples of rights that determine the existence of power include:

A) rights to direct the investee to enter into, or veto any changes to, transactions that affect the investee's returns.
B) rights to appoint, reassign or remove members of an investee's key management personnel
C) rights to appoint or remove another entity that participates in management decisions.
D) all of the options are correct.

Question

Jeoffrey Chung · Accepted Answer

Final Answer : D, Explanation :  All the options listed in the question are examples of rights that determine the existence of power. These rights give the holder the ability to control the investee and affect its returns, and therefore, are essential in determining the existence of power.

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