In the analysis of control, what characterises an agent as opposed to a principal?Your answerAThe agent is the decision maker acting on its own behalf, which consolidates the entity whenever it holds decision-making power over its relevant activities.BThe agent is the party that delegates its decision-making rights to a third party, which then becomes the principal and consolidates the managed entity on the first party's behalf.CThe agent is the decision maker whose authority over the entity is the widest; it controls the investee by reason of the extent of that authority.DThe agent acts on behalf of and for the benefit of other parties, and does not control the investee when it exercises the decision-making rights delegated to it.SubmitHint