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31.4 Goose Co has a 49% shareholding in each of the following three companies.
1 Turkey Co: Goose Co has the right to appoint or remove a majority of the directors of Turkey Co.
2 Duck Co: Goose Co has more than half the voting rights in Duck Co as a result of an agreement with other investors.
3 Partridge Co: Goose Co has the power to govem the financial and operating policies of Partridge Co.
Which of these companies are subsidiaries of Goose Co for financial reporting purposes?
A Turkey Co and Duck Co only
B Partridge Co and Duck Co only
C Partridge Co and Turkey Co only
D Partridge Co, Turkey Co and Duck Co
答案:D
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