Which of the following has the ultimate control of a company?

Assessment: JAMB UTME - Principles of Accounts - 2023 Subject: Financial Accounting

Question 1 Report

Which of the following has the ultimate control of a company?
Answer Details
The ultimate controller, refers to the shareholder who has the ultimate control in the company and is not controlled by anyone. This ownership structure often results in a certain level of control between the ultimate controller and the listed company.
Read lesson note on Company Accounts (WAEC)
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