An entity's determination of which of the following would not result in disclosure about significant judgments and assumptions (and changes to those judgments and assumptions) under IFRS 12:
A. It has significant influence when it holds 20% or more of the voting rights of another entity.
B. It is an agent or principal.
C. It controls another entity even though it holds less than half of the voting rights of the other entity.
D. It does not control another entity even though it holds more than half of the voting rights of the other entity.
Under IFRS 12, an entity's determination that would not result in disclosure about significant judgments and assumptions is option C: It controls another entity even though it holds less than half of the voting rights of the other entity. This is because control is typically associated with holding more than half of the voting rights, but if an entity can demonstrate that it has control with less than 50% ownership, it would involve significant judgments and assumptions that need to be disclosed. Options A, B, and D all involve significant judgments and assumptions related to influence, agency relationships, and control, respectively, and would therefore require disclosure.
