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veto

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › veto

  • This topic has 1 reply, 2 voices, and was last updated 1 year ago by Stephen Widberg.
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  • August 1, 2021 at 1:16 pm #630029
    Noah098
    Member
    • Topics: 935
    • Replies: 352
    • ☆☆☆☆☆

    sir my doubt is with regards to columbia co. M/J 21.

    All “veto” rights are considered to be protective rights? or in this case its protective because it only relates to “changes in AoA and auditors matter”?

    August 1, 2021 at 5:01 pm #630058
    Stephen Widberg
    Keymaster
    • Topics: 12
    • Replies: 2843
    • ☆☆☆☆☆

    Control = you can tell the other person what to do. If you think you can tell them what to do…………it’s a subsidiary. They only expect you to write a sentence.

    If you are interested in protective rights you can read the examiner’s answer – but bear in mind that candidates won’t produce all that detail.

    As I keep saying – in order to pass……….explain things simply and move on. The reason that people fail is that they become obsessed with detail and then run out of time.

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