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Ask the Tutor ACCA SBR

Related parties

Former userFormer user6y ago
Hello, If suppose Mr X is able to exert significant influence over entity A at 25% and entity B at 30% My doubt here is where both the entities are considered related party or not? Thanks in advance
stephenwidbergstephenwidbergTutor6y ago#1
Not automatically. Would depend on the facts of the situation. In the exam say 'potentially RP'
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