The power to participate in the financial and operating policy decisions of an entity is known as:

A) control.
B) joint control.
C) share ownership.
D) significant influence.

Significant Influence

The power to participate in the financial and operating policy decisions of a business but is not control over those policies.

Financial Decisions

Decisions made by individuals or organizations related to the allocation of resources, investment, budgeting, and managing finances.

Operating Policy

A set of guidelines or principles that dictate the operational decisions and day-to-day functioning of an organization.